R Systems acquires Computaris Int'l for GBP 9 mn

R Systems International, a bringer of outsourced artifact development, technical and customer support services, at the moment thought it has acquired UK-based Computaris International in place of £9 million (about Rs 65.25 crore).

R Systems will wage an amount of £9 million, consisting of an opening payment of £4.25 million and the balance amount on two years linked to performance, R Systems thought in a filing to the Bombay Stock Exchange (BSE).

The acquisition is funded largely from interior accruals, it added.

Computaris International is a software company engaged in the telecom sector and provides billing and real-time rating solutions.

"The acquisition of Computaris is a advance step to organise our organization along industry verticals and customer focus around type accounts and geographies," R Systems Chairman Rekhi Singh thought.

It has operations in the UK, US, Romania, Poland, Moldova, and Malaysia.