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Subex Systems acquires Azure Solutions

Bangalore-based telecom software firm Subex Systems Limited on Tuesday announced the acquistion of UK based Azure Solutions Limited in a $140 million deal.

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BANGALORE: Bangalore-based telecom software firm Subex Systems Limited on Tuesday announced the acquistion of UK based Azure Solutions Limited in a $140 million deal.

 "This is the single largest overseas acquisition by an Indian software company," Subash Menon, founder chairman, President and CEO, Subex Systems, told reporters here.

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