Financial Daily from THE HINDU group of publications Tuesday, Jun 15, 2004 |
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Info-Tech
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Mergers & Acquisitions FaceTime buys Tumbleweed centre Our Bureau
Bangalore , June 14 REAL-time communication management software maker, FaceTime Communications, has bought out the development centre of Tumbleweed Communications in Bangalore for an undisclosed sum, a company news release said. FaceTime will leverage more than 50 additional product development resources to rapidly increase its product depth, shorten its development cycle and expand the customer support organisation. FaceTime President and CEO Mr Kailash Ambwani said, ``We will leverage the strong, congruous skill set and experience of our new resources to increase our market leadership by expanding our existing product lines, taking future products to market faster".
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