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MosChip To Acquire California based Softnautics Inc For 17 Mn

The USD 17.25 million acquisition will be completed during next quarter and is expected to be EBIDTA accretive and generate free cash flow starting from very first year, , MosChip Technologies, acquisition ....

United States , Venkata Sudhakar Simhadri , Vrajesh Shah , Softnautics Inc , Product Engineering Solutions , Swap Shares , North America , Embedded System Design , Moschip Technologies ,

AXISCADES registers highest-ever quarterly revenue and completes acquisition of Mistral Solutions

Bangalore (Karnataka) [India], February 13 (ANI/PRNewswire): AXISCADES Technologies Ltd. (BSE: 532395) (NSE: AXISCADES), a leading end-to-end engineering and technology solutions provider, catering to Aerospace, Defence, Heavy Engineering, Automotive, Energy, Medical & Healthcare sectors, serving Global OEMs, today announced results for the quarter ended Dec 31, 2022. Key Operational Highlights: - The company was awarded an enhanced contract by Airbus for the fourth time, continuing the long-standing relationship with Airbus for niche engineering services in the aerospace sector - Completed the acquisition of Mistral Solutions Private Ltd., a leader in Semiconductor, Embedded Electronics, Defence and Product Engineering capabilities. The acquisition, which was initiated in the year 2017, was executed over 4 phases at an aggregate acquisition cost of INR 296 crores Commenting on the performance, David Bradley, Chairman of AXISCADES said: "We are delighted by the momentum built ....

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