Subex to acquire U.K. Co for $100M

By agencies   |   Tuesday, 25 April 2006, 07:00 Hrs
Printer Print Email Email
MUMBAI: Bangalore based Subex System, a telecom software services company, is close to acquire UK based telecom security services company for more than $100 million.

The overseas is mainly involved in the assurance solutions business where Subex has major presence. Over the last one month Subex, Subex share price has seen almost 25 percent increases to close at $11.3 billion on Monday.

This acquisition will help the Subex to foray into the U.K. and other European market. Subex has been acquiring business to consolidate its overseas presence.

IBM announces programme
n a bid to recognise the contribution of developers in the open source community, Information ..
Facebook denies cyber attack
Facebook ruled out a cyber attack on its products Whatsapp, Instagram and Messenger, which suf..
Wipro opens third industrial
IT major Wipro Ltd on Thursday opened its centre of excellence for Industrial Internet of Things (..
Google's Gboard gets offline
Google is adding an Artificially Intelligent (AI) offline dictation feature on its Gboard keyb..