Rolta buys public safety software firm for undisclosed sum

Rolta buys public safety software firm for undisclosed sum

Mumbai: Rolta India Ltd on Monday said it has acquired ACLS Systems, FZC, a public system and emergency response software company, through a complete asset purchase.

The acquisition includes purchasing the full portfolio of ACLS Systems’ software technology, including source code, design documentation, intellectual property rights and worldwide sales and marketing rights, Rolta said in a statement to the exchange.

Financial details of the acquisition were not disclosed.

At 10.42 am, shares of Rolta were down about 1% at Rs126. 20 in a choppy Mumbai market.

Close