Financial Daily from THE HINDU group of publications
Tuesday, Jul 05, 2005
News
Features
Stocks
Port Info
Archives
Google

Group Sites

 Info-Tech - Mergers & Acquisitions


Megasoft to pick 60% in German co

Our Bureau

CHENNAI: Megasoft, an IT firm, is acquiring a majority stake in beam AG, a German IT services company.

Megasoft plans to take a 60 per cent stake in the German firm, which posted a turnover of £1.4 million last fiscal, through an all-cash transaction. The value of the deal was not provided in a press release issued by Megasoft.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Idea unveils cell-to-cell STD calls at 99 paise

Essar Teleholdings acquires 3.43 pc more in Hutchison for Rs 267 cr
Hardware exports touch Rs 8,000 cr in 2004-05: ESC
Polaris Soft wins European co order for risk treasury
Boston Group in pact for online training model in life insurance
Megasoft to pick 60% in German co
SAP opens centre for Netweaver platform
Encore teams up with Datanet to offer fund transfer solutions
Calsoft, Phoenix Tech tie up
Gartner sees IT services segment growing 19.8%

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line