Thomson Reuters has acquired Omnesys Technologies, a Bangalore-based provider of software for securities trading and order-management systems, for an undisclosed amount..Khaitan & Co advised Thomson Reuters along with Thomson’s in-house legal team. Khaitan team was led by Partner Rabindra Jhunjhunwala along with Associate Partner Niren Patel and Associate Ashraya Rao. Thomson in-house legal team included Deborah Im, Jagriti Bhattacharyya, Srikiran Dendukuri and Ranganath Khanolkar..Samvad Partners advised Omnesys and its promoters with a team led by Partner Siddharth Raja along with Senior Associate Neela Badami and Associate Mukund Thirumalai Srikanth..Vaish Associates acted for Dotex, a wholly-owned subsidiary of the National Stock Exchange, which holds 26% stake in Omnesys. The Vaish team was led by Partner Martand Singh along with Associates Piyush Bhawalpuria and Siddharth Dang..AZB & Partners advised Intel Capital, the investment arm of Intel Corporation, which holds a 12% stake in Omnesys. The AZB team was led by Partner Gautam Saha along with Senior Associate Sachin Mehta and Associate Asha Kutty..This acquisition further extends and complements Thomson Reuters’ financial market data desktop and feeds offering to the financial industry in India, according to Hindu.
