Subex acquires Alcatel's FMG for $3 million

By siliconindia staff writer   |   Monday, 09 August 2004, 19:30 IST
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MUMBAI: Subex Systems Ltd has acquired French telecom infrastructure giant Alcatel's Fraud Management Group (FMG), for around $3 million. The acquisition adds nearly 25 new clients to the company, which has around 39 customers in this space, Subex Systems informed Bombay Stock Exchange on Monday.