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Teledata buys two overseas firms

December 08, 2005 15:02 IST
Chennai-based Teledata Informatics Ltd, which provides e-governance and ERP solutions to the education, marine and utilities verticals, has taken over two overseas companies.

The company said that it had taken over 100 per cent stake in the profit-making Daan Consulting, USA and Netsol Technologies of Thailand.

The $1.5 million Daan Consulting provides expert IT consultants and services to meet critical project deadlines, implementing an ERP solution, or applying complex technologies to deliver high valued business services.

Netsol is a fast growing information technology consulting and services company and has made a turnover of $3,00,000 for the last nine months, the release said.

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