Teledata Informatics, a Chennai-based software company, may make its second acquisition in Singapore following its Jan 12 acquisition of IT services company Soltius Private Limited. The company is into systems integration; the deal is valued at around $150-200 mn. The name of the company has not been disclosed.
Teledata Informatics offers enterprise-wide solutions for marine, education and utility sectors, apart from providing e-learning training and solutions. Teledata had acquired Soltius through its Dubai subsidiary, Bitech International. Soltius offers technology business solutions and services that focus across horizontals such as enterprise resource planning (ERP), business-to-business integration, mobile solutions, systems integration and product implementation, among others.
Article in Business Standard.
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