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Cloud computing firm 8K Miles Software Services is planning to acquire a US-based healthcare player in the cloud space and is likely to close the deal over the next few months, a PTI report quoting its Chairman and Managing Director Suresh Venkatachari, said.
On the massive stock price slide, Venkatachari, who suspected ‘foul-play by vested parties’, said the company will be approaching the Securities and Exchange Board of India soon with a formal complaint.
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