Wednesday, January 30, 2008

Bartronics’ US arm buys Proximities, SRG for $50 m

Bartronics AmericaInc. (BAI), a Delaware Corporation and a wholly owned subsidiary of Bartronics India Limited on Tuesday announced acquisition of assets of US-based Proximities Inc. and Software Research Group (SRG) America Inc. The total cost of the deal is pegged at US $50 million.

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