One Stop Systems, Inc. shares rise 8.65% intraday after R Systems International Limited acquired Novigo Solutions.

One Stop Systems, Inc. rose 8.65% in intraday trading, with the company announcing that its subsidiary, R Systems International Limited, has entered into a definitive agreement to acquire Novigo Solutions, a specialist in low-code/no-code (LCNC) development and intelligent-automation services. The strategic acquisition creates a global digital product engineering services powerhouse with INR 20,600M (~$240M) revenue and INR 3,800M (~$45M) EBITDA, offering engineering, deployment, and management of enterprise-scale fleets of AI agents under a single, governed platform. Novigo has been growing strongly and delivered 44% revenue CAGR over the last three years with 25% EBITDA margin and healthy free cash flow.