The board of directors has approved two strategic initiatives, including the acquisition of the US-based image sensor technology experts Equinox Corporation, and picking up 33 per cent stake in the French treasury software specialist firm Login SA, i-Flex said in a message to Bombay Stock Exchange.
Both the initiatives are part of the i-Flex's inorganic growth strategy and aimed at strengthening its solutions portfolio for the global financial services industry, the communique said.