Product engg co Velotio acqui-hires Media Magic Technologies

Velotio Technologies, a product engineering & digital solutions company, has acquired Media Magic Technologies, a player in the media & mobile engineering domain. Post acquisition, the Media Magic team will join Velotio and expand the media & mobile business. Media Magic works with global customers, including NASDAQ-listed companies, on innovative deep-tech and product engineering projects. LegaLogic Consulting advised Media Magic Technologies on the transaction.