{"id":123,"date":"2008-01-23T09:38:25","date_gmt":"2008-01-23T14:38:25","guid":{"rendered":"http:\/\/www.dannorris.com\/2008\/01\/23\/acquisition-wednesday-round-2-indian-firm-rolta-buys-tusc\/"},"modified":"2019-04-01T13:58:28","modified_gmt":"2019-04-01T13:58:28","slug":"acquisition-wednesday-round-2-indian-firm-rolta-buys-tusc","status":"publish","type":"post","link":"https:\/\/www.dannorris.com\/blog\/2008\/01\/23\/acquisition-wednesday-round-2-indian-firm-rolta-buys-tusc\/","title":{"rendered":"Acquisition Wednesday, Round 2: Indian firm Rolta buys TUSC"},"content":{"rendered":"

\t\t\t\tApparently, Wednesday is the day to be acquired. Today, the announcement that Broech Corporation (which does business as TUSC<\/a>) was acquired by Mumbai, India-based Rolta<\/a> for US$45 million. TUSC will become a wholly-owned subsidiary of Rolta and Joe, Rich, and Brad will continue to lead “TUSC – A Rolta Company”, at least for now.<\/p>\n

I definitely think that most people could not have foreseen TUSC being acquired, especially by an Indian firm, but it looks like Acquisition Wednesday is just full of surprises! I know things must have changed since I worked there as I certainly could never have imagined this event coming to pass. I’m unable to predict how TUSC (or any 17+-year-old private firm) will fare as part of a public company. Challenging times and big changes are in store I suspect.<\/p>\n

For now, you can read the press releases here<\/a> and here<\/a>.<\/p>\n

This seems to somewhat validate an article<\/a> that was tweeted yesterday by Puneet <\/a>Thapliyal<\/a>. It was a posting that discussed the challenges that Indian firms are experiencing now with higher wages and many other factors. Thanks for sending it along, Puneet!
\n<\/span><\/p>\n

I’d love to hear your thoughts on the acquisition in comments below.\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"

Apparently, Wednesday is the day to be acquired. Today, the announcement that Broech Corporation (which does business as TUSC) was acquired by Mumbai, India-based Rolta for US$45 million. TUSC will become a wholly-owned subsidiary of Rolta and Joe, Rich, and Brad will continue to lead “TUSC – A Rolta Company”, at least for now. I … Continue reading “Acquisition Wednesday, Round 2: Indian firm Rolta buys TUSC”<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[42,100,188,216],"class_list":["post-123","post","type-post","status-publish","format-standard","hentry","category-general","tag-acquisition","tag-india","tag-rolta","tag-tusc"],"_links":{"self":[{"href":"https:\/\/www.dannorris.com\/blog\/wp-json\/wp\/v2\/posts\/123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dannorris.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dannorris.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dannorris.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dannorris.com\/blog\/wp-json\/wp\/v2\/comments?post=123"}],"version-history":[{"count":1,"href":"https:\/\/www.dannorris.com\/blog\/wp-json\/wp\/v2\/posts\/123\/revisions"}],"predecessor-version":[{"id":554,"href":"https:\/\/www.dannorris.com\/blog\/wp-json\/wp\/v2\/posts\/123\/revisions\/554"}],"wp:attachment":[{"href":"https:\/\/www.dannorris.com\/blog\/wp-json\/wp\/v2\/media?parent=123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dannorris.com\/blog\/wp-json\/wp\/v2\/categories?post=123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dannorris.com\/blog\/wp-json\/wp\/v2\/tags?post=123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}