MoneyWorks4Me

Prism Informatics gets nod to acquire 51% stake in Idhasoft India

12 Aug 2011 Evaluate

Prism Informatics has received its board approval to acquire stake of upto 51% in Idhasoft India, an unlisted public company by way of subscription in Rights Issue and purchase of equity shares from existing shareholders of Idhasoft.

Idhasoft is an unlisted public Company in Information Technology sector with turnover of around Rs 400 crore and operations primarily in United States of America, South America and India.

Prism Informatics is one of the fastest growing software development companies, with most of its business coming from its ever satisfied repeat customers. A midsized software development company, Prism's focus has been on delivering cutting edge software solutions coupled with building client relationships.

Peers
Company Name CMP
TCS 2036.00
Infosys 1005.50
HCL Technologies 1225.00
Wipro 157.00
Tech Mahindra 1520.40
View more..