Tooltech acquires majority stake in German software firm
Facebook Twitter google+ RSS Feed

Tooltech acquires majority stake in German software firm

By siliconindia staff writer   |   Thursday, 23 October 2003, 07:00 Hrs
Printer Print Email Email
NEW DELHI: Pune-based Tooltech Software India has acquired a majority stake in German design and software company Tecodesign GmbH.

"The transaction signals Tooltech Software's strategic intent to establish a dominant position in the European software industry," a company statement said.

The statement, however, did not give details of the deal, including the stake acquired or the size of the transaction.




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