Infotech Enterprises announced that its wholly-owned subsidiary, Infotech Enterprises America has signed a definitive agreement to acquire IT service management and service company Softential, Inc in an all cash deal. The buyout will allow Infotech to provide better services to its telecom clients and add to its margins. Speaking to CNBC-TV18's Latha Venkatesh and Sonia Shenoy about the acquired company, Krishna Bodanapu, President & COO, Infotech said Softential's 2013 revenue stands at USD 17-18 million. The price paid for the buyout includes 1.1 times of its 2013 revenue plus another performance-based payout component based on EBITDA over the 12 months. The company has USD 110 million in cash and part of it will be used to fund the acquisition,Attato(Telugu Aunty Boothu kathalu)
Monday 10 March 2014
Infotech Enterprises announced that its wholly-owned subsidiary, Infotech Enterprises America has signed a definitive agreement to acquire IT service management and service company Softential, Inc in an all cash deal. The buyout will allow Infotech to provide better services to its telecom clients and add to its margins. Speaking to CNBC-TV18's Latha Venkatesh and Sonia Shenoy about the acquired company, Krishna Bodanapu, President & COO, Infotech said Softential's 2013 revenue stands at USD 17-18 million. The price paid for the buyout includes 1.1 times of its 2013 revenue plus another performance-based payout component based on EBITDA over the 12 months. The company has USD 110 million in cash and part of it will be used to fund the acquisition,
Subscribe to:
Post Comments (Atom)
2 comments:
Married unsatisfied Indian housewives numbers unsatisfied aunties unsatisfied bhabhi unsatisfied women seeking men delhi mumbai kerala chennai hyderabad bangalore pune ghaziabad jammu kashmir assam west bengal kannada women
Any lesbo or female or couple in hyderabad massage me . Who want pregnancy Also message to my mail .
Naresh9461@gmail.com
Post a Comment