Chennai:
After successfully acquiring three domestic and overseas companies, the
Chennai-based California Software Company Limited (Calsoft) plans rely on
a combination of organic growth coupled with prudent acquisitions to expand
its business. It
may be recalled Calsoft has acquired three companies American HealthNet
Inc, USA, Team Frontline Pvt Limited, Kochi and the Bangalore-based Webspectrum
Software Limited ijn the recent past. According
to managing director S Santhosh, Calsoft is targeting a turnover of $50 million
this fiscal. "We plan to enhance the size and scale of operations, improve
our operating profitability." Meanwhile,
the company has reorganised its operations to focus on domains
within major segments technology solutions, commodities solutions and
enterprise solutions that contribute 39 per cent, 34 per cent and 27 per cent
of the revenues.
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