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IKF Software.com to buy US based SW co

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CIOL Bureau
New Update

NEW DELHI: IKF Software.com Ltd has informed BSE that its Board of Directors has approved the acquisition of US based software company NPR Solutions Inc. for $3,00,000 cash and the payment shall be made within a period of 90 days of signing of the contract. The transaction is subject to all applicable statutory and regulatory approvals.






NPR Solutions, Inc., headquartered in Nashville, TN, USA is a provider of I.T staffing and outsources software development, systems integration and application maintenance services linking e-business with core information systems for companies worldwide.



NPR Solutions operates under a global delivery model, which leverages the advantages of an onsite/offshore practice to achieve the efficient and cost effective development and deployment of large-scale systems to meet a wide range of transaction intensive business needs and specialized in project-based consulting (staff augmentation), contract to hire, component or project outsourcing and project management clients' business.






The prime motive of this acquisition is to widen the operations in USA and to provide a broad range of services to facilitate the growth of the company in future.

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