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February 9th, 2011
Infotech to Acquire European Aerospace Services Company

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Infotech Enterprises Limited announced today that it is in talks to acquire a European aerospace services company for about $20 million. “We are currently in talks with three to four companies with a transaction value of between $10 million and $20 million. We want this acquisition to bring domain expertise and proximity to customer and customer knowledge, and the buyout may happen in this quarter,” said Krishna Bodanapu, President Engineering, Infotech Enterprises. Read More