3i Infotech acquires U.S. firm
Facebook Twitter google+ RSS Feed

3i Infotech acquires U.S. firm

By agencies   |   Tuesday, 27 September 2005, 07:00 Hrs
Printer Print Email Email
HYDERABAD: Hyderabad based 3i Infotech Ltd has acquired a U.S. IT consulting company Innovative Business Solutions Inc. The transaction is expected to be EPS accretive.

Innovative Business Solutions is a profitable company established in 1994 and has revenues of $ 7.2 million. It provides high end consulting services in segments like Enterprise Application Integration, Business Intelligence and IT security. It has about 75 employees and services an impressive list of customers in the U.S.

V Srinivasan, Managing Director and CEO of the company said, "We believe the acquisition brings in lot of value to our organization by augmenting our geographic reach and customer base in the U.S., and niche consulting skills."

Experts on SiliconIndia
Santhosh  K
Sr. Soft. Engg.
Oracle India
Nehal Vyas
Sr. Team Lead
Cyberoam Tech.
Rani Malli
Sr. Director
Philips
Sr. Executive
ISB
Vijay Balkrishna Konduskar
Business Consultant
Imans Web Tech
Dr L P  Sharma
Technical Director
NIC
Reena Khanna
Founder
Solitaireworld
Dellas  Asse
sys-network admin
Computer Station
Write your comment now
Submit Reset