General Atlantic-backed Infotech Enterprises has acquired the 26 per cent stake it didn’t own in its subsidiary Infotech Geospatial (India) Limited (IGIL), for undisclosed sum, the company disclosed in a statement to Bombay Stock Exchange today. Infotech Enterprises had acquired 74 per cent in Geospatial Integrated Solutions around four years ago. Hyderabad-based Infotech Geospatial is engaged in providing geospatial solutions such as enterprise-wide geographic information system and information technology solutions. It offers its services for land records; urban planning; environment; forestry and natural resources; utility infrastructure planning and management and defense. Read More
