Canarys Automations Ltd., a publicly listed company in India, has acquired Fortira Inc., a U.S.-based AI & ML technology company headquartered in Princeton, New Jersey.
NovoJuris Legal advised on the entire transaction for the buy-side —including structuring, due diligence and regulatory approvals—particularly around the overseas investment process and compliance under Indian and U.S. laws.
The cross-border transaction was led by Ashwin Bhat (Partner) and Richard Devlin (Partner).
Canarys Automations Limited is a Bengaluru-based digital transformation solutions provider specialising in DevOps, cloud modernisation, enterprise business solutions, and digital consulting services. Established in 1991, Canarys has a reputation for delivering end-to-end IT solutions to industries such as banking, healthcare, manufacturing, and retail.
This cross-border transaction marks an important strategic milestone for Canarys, expanding its reach in AI, ML, and data space and further strengthening its digital transformation capabilities in the North American market.
Founded in 1996, Fortira Inc operates out of California and New Jersey, offering specialized services in cloud solutions, data analytics, and IT consulting across various industries. With this acquisition, Canarys aims to leverage Fortira's strong client base and domain expertise in the US market.
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