California Software (Calsoft) today said it has sold its entire 51 per cent stake in the unit- Informed Decisions Corporation (IDC)- to US-based financial services and payment firm Higher One.In a 100 per cent buyout deal, Higher one acquired all of the stock of IDC for 36 million dollars, which includes the value of the sale, anticipated earn out and service revenue, Calsoft said in a statement.Calsoft...
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California Software (Calsoft) today said it has sold its entire 51 per cent stake in the unit-- Informed Decisions Corporation (IDC)-- to US-based financial services and payment firm Higher One.In a 100 per cent buyout deal, Higher one acquired all of the stock of IDC for 36 million dollars, which includes the value of the sale, anticipated earn out and service revenue, Calsoft said in a statement.Calsoft...
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Apple and RIM gained 3Q market share, but Android is poised to be a serious competitor, says IDC.Despite a global economic slowdown that is hurting the mobile market, smartphone shipments continued to rise in the third quarter, according to a report from research firm IDC.Thanks to popular devices like Apple's iPhone 3GS, handset makers shipped 43.3 million smartphones during the third quarter of 2009,...
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California Software Company (Calsoft) successfully concluded the sale of its strategic investment subsidiary, Informed Decisions Corporation (IDC) in which it had a 51% stake through CSWL (a 100% subsidiary). The buyer, Higher One, is a US based privately owned financial services and payment Company that enables institutions of higher education to streamline business processes while improving student...
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California Software Company (Calsoft) has concluded the sale of its strategic investment subsidiary, Informed Decisions Corporation (IDC) in which it had a 51 per cent stake secured through CSWL ( a wholly owned subsidiary). The buyer, Higher One, acquired all of the stock of IDC for a consideration of $36 million, says a company release....
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code.Global online advertising spending fell slightly in the third quarter, but there are signs that the market may be recovering and could start growing again soon, according to IDC.Marketers spent US$14.6 billion, down 1 percent compared with last year's third quarter, as all world regions saw online ad revenue contract except for Asia-Pacific and Japan. In the U.S., online ad spending fell 4 percent...
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California Software Company Ltd today said it has divested 51 per cent stake held by its subsidiary Informed Decisions Corporation (IDC) to the US-based financial services firm Higher One.In a 100 per cent buy-out deal, High One acquired all of the stock of IDC, the company said.The value of the sale of the company and the anticipated earn out and service revenue will be up to 36 million dollar.California...
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The electronic registration (e-registration) project in the state is set to become a reality soon as the state government would sign the concession agreement with IL&FS- Infrastructure Development Corporation (IDC) within 15 days for implementing the Rs 100-crore project.The project is being taken up on the public private partnership (PPP) mode and it would be implemented by on BOOT (build, own, operate...
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California Software Company Ltd today said it has divested 51 per cent stake held by its subsidiary Informed Decisions Corporation (IDC) to the US-based financial services firm Higher One.In a 100 per cent buy-out deal, High One acquired all of the stock of IDC, the company said.The value of the sale of the company and the anticipated earn out and service revenue will be up to 36 million dollar.California...
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Phone manufacturers set to launch flagship devices in Q4 to boost worldwide salesThe mobile phone market is starting to show the first signs of recovery. Phone manufacturers worldwide are attempting to boost this trend by selling older devices at reduced prices and launching flagship phones to attract new customers in the fourth quarter of 2009.According to market analyst IDC's October 29 Worldwide...
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