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Info-Tech - Mergers & Acquisitions
SQL Star may buy TalentFuse

Our Bureau

Hyderabad April 17 SQL Star International Ltd has announced its intent to close the acquisition of TalentFuse, Inc, a US-based recruitment and staffing services provider, on April 30.

This acquisition, according to a statement to BSE, will grow the company's revenue base in FY 08 (year ending March 31, 2008) by $9 million. The company is in pursuit of another acquisition, the statement said.

The acquisitions would bring substantial cost and revenue synergies given that the target companies operations are based in North America. They will allow the company to offer blended off site and onsite IT consulting service offerings, by using its offshore development centres.

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