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Softlogic began as a software development company in 1991 by Ashok Pathirage and twelve employees. [4] The company later successfully obtained the Dell authorised distributorship in Sri Lanka . Softlogic ventured into the telecommunications sector with a partnership with Dialog Axiata offering corporate and individual Dialog GSM packages.
Softlogic Life Insurance PLC, formerly known as Asian Alliance Insurance, is an insurance company in Sri Lanka. The company was founded in 1999 as Asian Alliance Insurance, a joint venture between Asia Capital PLC and Richard Pieris & Company.
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The acquisition of a 100% stake in the company via a series of transactions would be subject to terms and conditions set out therein and receipt of regulatory approvals, Softlogic Holding PLC said in its regulatory filing in Colombo Stock Exchange. Neither Softlogic nor Agora owners disclosed the deal value.
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