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Gemini communications acquires 51% stake in Veeras Infotek
New Delhi, Jun 16 (UNI) Gemini Communication Ltd today said it has acquired 51 per cent stake in Chennai-based Veeras Infotek Pvt Ltd for Rs seven crore.
The acquisition will extend GCL's network security and business continuity capabilities and will also increase the company's client base, a company statement said.
The acquisition will be added to the India revenues of Gemini, which now account for about 70 per cent of its revenues, he said.
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Story first published: Monday, June 16, 2008, 15:35 [IST]