Monday, August 10, 2009
EntComm Sells Division
Gardena-based EntComm, a developer of software-as-a-service products, has sold its product division to a Indian software firm, TAKE Solutions. Financial terms of the sale were not disclosed. Texas-based TAKE Supply Chain, which is owned by Indian software provider TAKE Solutions, based in Chennai, said it would buy EntComm's product division, which develops software-as-a-service used for supply chain collaboration in the oil and gas, aerospace and defense, and manufacturing industry. TAKE is also buying EntComm's offshore operations, which will merge with Take Solutions' center in Chennai.