May 8, 2008

3i Infotech acquires strategic stake

3i Infotech Ltd has informed that the Company has acquired a strategic stake of 26% in M/s. Locuz Enterprise Solutions Ltd (Locuz) with a commitment to acquire remaining stake over a period. Locuz is a Hyderabad based Company and is a specialist in IT Infrastructure solutions and services with acknowledged expertise in High Performance Computing, Tiered Storage, Information Security and IP Convergence Solutions.

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