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Ranklin Solutions Ltd plans to acquire 51% stake in Logic Bytes Pvt Ltd

Ranklin Solutions Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 20, 2008 has decided to acquire 51% of the shareholding in Logic Bytes Pvt Ltd for a total consideration of Rs 91.80 Lacs. M/s. Logic Bytes Pvt Ltd is predominantly in the business of BPO / ITES.

Economic Times News about Ranklin
Vision

The vision of Ranklin young and energetic team is to support Vision DEEP (Destitute Enriching & Empowering Project). Ranklin will help the project DEEP financially in turn to help the downtrodden orphan children and old people.

RANKLIN Solutions Ltd. an ISO 9001-2000 certified company is one of the leading software development companies in India, expanding its operations overseas. RANKLIN is a global provider of end-to-end IT services and solutions designed to help clients to improve competitiveness and efficiency. The RANKLIN portfolio of solutions and services consists of software product development, including both offshore and onshore outsourcing system integration, application development and consulting and software distribution.

RANKLIN Solutions Ltd. offers a wide range of IT solutions to meet today's complex business challenges. The depth and breadth of our solution offerings is enabled by strategic alliances with technology vendors and system integrators. Through these partnerships we are able to deliver industry-best end-to-end solutions to our customers.

RANKLIN has partnered with many of the best of breed Companies:


LOGICBYTES PVT LTD (LB)

CHANDRA TECHNOSOFT (CTS)

LOGICBYTES PVT LTD (LB), a sister concern of Rankling Solutions Ltd is into BPO services and IT Consultancy for over four years. Founded in 2004, the company has provided customized software, high-end IT maintenance and flawless testing services to our customers. A process-centric setup, strategic use of resources and technology ensures our company’s high-end productivity. Data security is of utmost concern at Intersoft. Therefore, all data and networks are always secured in strict compliance with BS7799 standards.

Another sister concern named CHANDRA TECHNOSOFT (CTS), deals with ITES projects RANKLIN along with its sister concerns LB and CTS brings in a complete and robust services offering and augments value to its already existing clients by providing outsourcing within US, UK and Middle East countries and provide off shoring opportunities for cost effective solutions.