MindTree Ltd said on Tuesday it would buy Bangalore-based Kyocera Wireless India Pvt Ltd and make an upfront payment of $6 million, while
further payments will be linked to revenue in FY11 and FY12.
The IT firm expects the acquisition to contribute about $9 million in revenues for the period Oct 2009 to March 2010, with profit after tax expected to be in the range of 13-15 percent, it said in a statement.
Agencies
No comments:
Post a Comment
Thanks for posting your comments. Do continue to visit
http://blogspot.siliconvillage.net for more news, features and interviews in business, technology, gadgets related areas.