Monday, 15 July 2013
Deal Alert: Commodities trading software maker Eka acquires Australian firm MatrixGroup for $20-M
Posted on 20:56 by Unknown
Bangalore-based commodity software maker Eka Software Solutions has invested $20 million (Rs. 120 crore) to completely acquire MatrixGroup, an Adelaide, Australia-based commodity handling software vendor in an all cash deal that is expected to deliver key clients such as Rio Tinto, BMA and BlueScope.
Promoted in 2004 by Manav Garg, a former commodity trader, Eka had, in April, bought
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