R Systems International Ltd has informed that pursuant to approval of the Board of directors of the Company and signing of the Asset Purchase Agreement for acquisition of entire share capital of Sento Europe B.V., a Netherlands corporation and Sento S.A.S., a French corporation (collectively known as Sento Europe), the acquisition of the entire share capital of Sento Europe has been completed on January 23, 2008.
From today onwards Sento Europe B.V., a Netherlands corporation and Sento S.A.S., aFrench corporation are the wholly owned subsidiaries of the Company.
In this regard the Company has issued the following Press Release:
R Systems International Ltd on January 23, 2008 has announced that it has completed the acquisition of Sento Europe B.V., a Netherlands corporation and Sento S.A.S., a French corporation (collectively known as Sento Europe) from Sento Corporation, USA.
Sento Europe with operations in Enschede, Netherlands and Metz, France provides a wide range of integrated technical support and customer care services through multiple channels in 18 European languages and 24 countries. Sento Europe primarily focuses on the technology sector and amongst its clients are the worlds leading consumer electronic Companies. Sento Europe achieved revenues of approximately USD 14.85 million during the year ended March 2007.
We are delighted to complete the acquisition of Sento Europe announced earlier. We welcome the customers and employees of Sento Europe, said Rekhi Singh, CEO of R Systems. The acquisition further enhances our global delivery capabilities, expands our customer base in high technology sector and gives us strategic footing in Europe.
From today onwards Sento Europe B.V., a Netherlands corporation and Sento S.A.S., aFrench corporation are the wholly owned subsidiaries of the Company.
In this regard the Company has issued the following Press Release:
R Systems International Ltd on January 23, 2008 has announced that it has completed the acquisition of Sento Europe B.V., a Netherlands corporation and Sento S.A.S., a French corporation (collectively known as Sento Europe) from Sento Corporation, USA.
Sento Europe with operations in Enschede, Netherlands and Metz, France provides a wide range of integrated technical support and customer care services through multiple channels in 18 European languages and 24 countries. Sento Europe primarily focuses on the technology sector and amongst its clients are the worlds leading consumer electronic Companies. Sento Europe achieved revenues of approximately USD 14.85 million during the year ended March 2007.
We are delighted to complete the acquisition of Sento Europe announced earlier. We welcome the customers and employees of Sento Europe, said Rekhi Singh, CEO of R Systems. The acquisition further enhances our global delivery capabilities, expands our customer base in high technology sector and gives us strategic footing in Europe.
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