Scaleworx: R Systems to merge Velotio, Scaleworx with itself; stock gains over 3%
The uptick in the stock price came following the company's announcement that its board of directors has approved the amalgamation of Velotio Technologies and Scaleworx Technologies with R Systems
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Scaleworx is an India-based IT firm that provides services including DevOps consulting, cloud infrastructure management, and product development for businesses.
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