• 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

Mumbai, Sept.24

Tricom India Ltd has signed an MoU to acquire assets of the US based Apex Documents Solutions—a provider of litigation support services for lawyers—for $2 million.

The acquisition will augment the company’s sales in the US with the newly acquired on-site processing and support facility eliminating the distance and data confidentiality barriers, according to Mr Chetan Kothari, Managing Director. “While leveraging the network of Apex, the Company gains a distinctive advantage of local presence to reach out to the Law firms in the US, paving for greater business potential.” The Company expects to enter into a definitive agreement in the next two weeks. The company scrip was down by 2.35 per cent on the BSE to close at Rs 137 on the BSE today.—

More Stories on : Mergers & Acquisitions | Courts/Legal Issues | Software

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

Stories in this Section
DoT sets cut-off date for telecom licence applicants

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