Tuesday, February 10, 2009

INFOTECH SIGNS PACT WITH EUROCOPTER

Hyderabad
The Hindu Business Line The Hindu

Infotech Enterprises Ltd, an engineering services and GIS solutions provider, has signed an agreement with German helicopter manufacturer Eurocopter. The objective is to participate in the attack helicopter programme of the Ministry of Defence.

As part of the agreement, Infotech would take part in the areas of mechanical, electronics and aviation segments. The Hyderabad-based company is also likely to buy two companies in the aerospace and automobile engineering services within the next six months.

According to Krishna Bodanapu, President of Infotech, the company is in talks with some firms in these areas and could firm up deals with two ‘good sized’ ones. The company had earmarked $75 million for acquisitions..

3 comments:

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Archat said...

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