• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Mumbai , Jan 4

i-flex Solutions Pte Ltd, the Singapore-based subsidiary of i-flex Solutions, will acquire 100 per cent stake in the Singapore subsidiary of Capco - Capital Markets Company Pte Ltd.

This acquisition will strengthen the company's ability to provide high-end consulting to banks in the Asia-Pacific region, the company said in a release. The company did not disclose financial details.

"Our ability to provide a complete solution to existing clients is significantly enhanced with the local knowledge and expertise that the Capco team brings," said Mr Vijay Sharma, Senior Vice President of i-flex Consulting.

The acquisition would add about 12 senior consultants to the company's headcount, he added.

"Through this acquisition, we will get opportunities to tap both existing and new tier I clients in the Asia-Pacific region," Mr Sharma said.

More Stories on : Mergers & Acquisitions | Software

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

Stories in this Section
Cell operators told to use 5-digit short code

Copyright © 2007, 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