Cranes Grabs ETA for $18M

January 2008
Red Herring;1/9/2008, p5
Trade Publication
The article reports on the decision of Cranes Software International to acquire Engineering Technology Associates (ETA). Cranes is one of the Indian firms focusing on products rather than services, that has been acquiring intellectual property and companies to enhance its strategy. Its acquisition of ETA gives Cranes a product development center in Shanghai, China. In related news, Cranes agreed to acquire Dunn Solutions Group and Tilak AutoTech in June 2007.


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