Saxa Inc. agreed to acquire an additional 15.49% stake in Nextgen, Inc. (JASDAQ:3842) from Nissho Electronics Corporation on February 16, 2012. Saxa will acquire 3000 shares of Nextgen. Post completion, Saxa and Nissho will hold 28.41% and 19.61% respective stakes in Nextgen. The transaction is expected to complete on February 17, 2012. The transaction will have no effect on the performance of Nextgen for the current fiscal year. Saxa Inc. completed the acquisition of additional 15.49% stake in Nextgen, Inc. (JASDAQ:3842) from Nissho Electronics Corporation on February 17, 2012.