Business Daily from THE HINDU group of publications
Friday, May 23, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Friday, May 23, 2008 ePaper | Mobile/PDA Version | Audio |
|
|
|
|
|
|
|
Info-Tech
-
Mergers & Acquisitions Accel Frontline acquires XLNC Infotech Our Bureau Chennai, May 22 Accel Frontline Ltd (AFL) has acquired XLNC Infotech Solutions, a Bangalore-based company specialising in warranty management services providing repair services for multinational original equipment manufacturers. Value not yet finalisedThe value of the acquisition is yet to be finalised. XLNC will become a 100 per cent subsidiary of AFL, a 51 per cent owned subsidiary of BT plc providing IT services for companies. XLNC reported a turnover of Rs 5.2 crore for the year ended March 31, 2008. It has a test and research centre, and a team of 40 engineers. Warranty managementAccel also provides warranty management service for various IT product vendors, and the acquisition will provide a good synergy between the two companies, said an Accel official. More Stories on : Mergers & Acquisitions | IT-enabled Services
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
 |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2008, 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
|