Megasoft to pick 60% in German co
By agencies   |   Tuesday, 05 July 2005, 19:30 IST
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CHENNAI: Megasoft, an IT firm, is acquiring a majority stake in Beam AG, a German IT services company. Megasoft plans to take a 60 per cent stake in the German firm, which posted a turnover of £1.4 million last fiscal, through an all-cash transaction. The value of the deal was not provided in a press release issued by Megasoft.

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