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Calsoft to buy U.S. firm

CHENNAI: California Software Company (Calsoft) has announced the signing of a letter of intent (LoI) to acquire 100 per cent equity stake of the U.S. –based International Innovations. The entire process is expected to be completed by December.

S (Sam) Santhosh, Managing Director and CEO of Calsoft, said that Innovations would bring its expertise and presence in the information management market in the U.S. to Calsoft’s enterprise offerings and capabilities. This would further enhance Calsoft’s value offering globally.

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