Four Soft has sold its core business and some investments to UK-based company Transport IT Solutions for $43.4 million (approx Rs 275 crore).
Earlier, the company’s board approved the acquisition of business and certain investments of Four Soft by Transport IT Solutions, a Kewill Group Company, for an aggregate consideration of $43.4 million.
Four Soft is a global leader offering software solutions for the logistics and transportation industry. It provides innovative and integrated enterprise solutions ensuring customer satisfaction. Four Soft software engineers are providing solutions to enterprises across the SCM market place.