
Xerox signs pact with Info-Drive
Info-Drive buys into Technoprism
Info-drive acquires US firm Co Picks Up 51% Stake In San Jose-Based Technoprism
Info-Drive takes 51% stake in Precision
Info-Drive Software LLC, an IT services provider and a subsidiary of Chennai-based Info-Drive Software and Xerox have formed a "go to market" strategic partnership for offering to customers paperless office products and total document solutions of Xerox in the UAE.
Info-Drive Software has said that it has bought a majority stake in Technoprism LLC, a leading software solutions firm based in San Jose, California.
CHENNAI-based Infodrive Software on Monday announced the acquisition of Technoprism, a leading software solution firm based in San Jose, California. Info-drive, through its US subsidiary Info-drive Software, picked up a 51% stake in Technoprism which has been executing turnkey software projects and IP-led business application development for some of the technology giants in the Silicon Valley over the past nine years of its operation.
Info-Drive Software has acquired a majority stake in the Chennai based Precision Group for Rs 9 crore. The company said it would pick up 51% stake in Precision Infomatic, including its four subsidiaries, as it would help it in tapping overseas market.
CHENNAI-BASED, Info-Drive Software, which saw a change in management last year, has posted a net profit of Rs 86.66 lakh in the quarter ending December 31, 2007 and total income of Rs 50.48 crore.