Global-O&O

SOURCE: EconomicTimes
DATE: June 22^nd, 2008ARTICLE

Software developer ICRA Techno Analytics (ICTEAS) on Thursday announced the acquisition of Kolkata-based software services firm Axiom Technologies for an undisclosed sum.

Axiom specialises in customisation and implementation of Enterprise Resource Planning (ERP) packages.

The acquisition fits in neatly with the strategy of ICTEAS to enter into ERP implementation market and thereby offer its clients a larger portfolio of Information Technology solutions, ICTEAS, a wholly-owned subsidiary of rating agency ICRA, said in a release here.

“ERP is the market we have been wanting to be in. It makes eminent sense for ICTEAS and Axiom to pool their talents together and offer customers a unique value proposition,” ICTEAS’ Director P K Choudhury said.

Axiom so far has been offering its services in the Indian market. It would now be able to use our global reach and offer their services in the international market, it said.

No relate

• April 28, 2008 -- Wipro get’s into LPO services
• February 28, 2008 -- HP Will Direct More U.S. Customers To U.S. Call Centers
• March 13, 2008 -- IT firms have high US exposure
• February 5, 2008 -- TCS shows exit door to 500 employees
• September 5, 2008 -- BT to retain 10% in Tech Mahindra - PE firms in play
• August 28, 2008 -- India’s Wipro May Buy SAP Service Provider in Germany
• May 28, 2008 -- Headstrong sets up centre in Hyderabad
• January 24, 2008 -- Software group says that without more foreign workers in U.S., jobs may go overseas
• January 29, 2008 -- Traffic control - Cross Border Data flow concerns for UK
• June 23, 2008 -- Saudi firm gives software solution order to Bangalore developer

You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.