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  *Aditi Technologies Private Limited* has signed an agreement to buy
*Infospace
India Software Development*.

At present, Infospace India Software Development is a subsidiary of *Infospace,
Inc*.

The terms of the transaction have been approved by both Aditi's and
Infospace's Board of Directors.

Transaction Reference:
BS<http://www.business-standard.com/india/storypage.php?autono=91659&tp=on>

  Transaction Note

Aditi Technologies is a Bangalore- based solutions and product R&D partner
for software businesses and financial services enterprises.

It offers high end consulting, technology and application development
services to enterprise clients on the Microsoft platform.

In 2007, the company had acquired the intellectual property rights of
MindAlign 6, an application meant for enterprise group chat from Parlano.

Recently, Aditi Technologies forayed into IP led solutions by launching 'DNA
PReDuST'.

Infospace is a developer of Meta search and online consumer products.
Infospace India is engaged in online product development, software
engineering and product testing space. It has a development centre in
Bangalore.

-- 
Regards

Hardik Shah

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