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NetSol Technologies To Buy Stake In ID Interactive
Emeryville-based
NetSol Technologies
said earlier this week that it has signed a letter of intent to acquire a majority stake in
ID Interactive Holdings Ltd.
, a developer of multimedia software. Financial terms of the deal were not disclosed. The acquisition will be made by NetSol's European subsidiary, NetSol technologies Europe. ID Interactive develops URTone, a mobile music player.
posted on Thursday, February 12, 2009
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