Prism acquires IMT
2010-11-03Prism Informatics has acquired 51% stake in Saudi Arabia-based Information Management Technologies (IMT), a unit of Al-Suwaidi.
IMT is in the business of providing IT solutions for broadband wireless communications, infrastructure management & maintenance, E-Commerce applications, IT security and SAP consultancy.
Earlier, it had acquired Nexus System Resources and Idhasoft Europe AG in Switzerland. It also acquired the intellectual property rights of some of the business assets of Mumbai's Finasys Consultant.
Prism Informatics was acquired by IT consulting firm Idhasoft last year, that itself began operations in December 2006 and has its presence in Germany, Switzerland, Thailand, Sri Lanka, Bangladesh and the US. Idhasoft went on to buy one of its group companies through Prism Informatics. Alok Pathak, CEO, Idhasoft, also doubles up as the MD and CEO of Prism Informatics.
See What’s Next in Tech With the Fast Forward Newsletter
Tweets From @varindiamag
Nothing to see here - yet
When they Tweet, their Tweets will show up here.