Business Daily from THE HINDU group of publications
Friday, May 23, 2008 ePaper | Mobile/PDA Version
|
Business Daily from THE HINDU group of publications Friday, May 23, 2008 ePaper | Mobile/PDA Version |
|
|
|
|
|
|
||
|
Update at 1630 hrs (IST)
Info-Tech Avnet Tech to acquire Mumbai-based Ontrack Solutions MUMBAI: New York Stock Exchange-listed Avnet Technology Solutions, on Friday said that it has reached a definitive agreement to acquire Mumbai-based Ontrack Solutions Pvt Ltd. The transaction is subject to Government approval and is expected to close by mid-July, Avnet's President, Asia-Pacific, K P Tang, told reporters here. Avnet Technology is one of the largest distributors of electronic components, computer products and technology services while Ontrack Solutions is known in the market as a leader in security, storage and server solutions. In FY-08, Ontrack's revenue sto od at around USD 13 million. - PTI
Prev: New telcos get GSM spectrum in Andhra Business Line | NUS Index | |
Related Topics Alliances & Joint Ventures Broadband Convergence E-Commerce & E-Business E-Governance Financial Performance Hardware Human Resources Industry Associations Infrastructure Internet IPOs IPR ISPs IT Training IT-enabled Services Mergers & Acquisitions New Products & Services New Projects Off-shore Development Outsourcing People Piracy Regulatory Bodies & Rulings Security Software Standards & Benchmarks Storage Telecommunications Trends Venture Capital Viruses |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | 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
|