XRT announces the acquisition of software distributor Apsara

XRT has acquired 100 per cent of the capital of Apsara, a French firm that integrates and distributes IT solutions for financial executives. Apsara, one of the principle value added resellers of XRT solutions, recorded Euro4.9m in revenue for the fiscal year ended 30 June 2003, with a positive net income. The company will continue its business as a separate entity. ‘We are pleased to welcome Apsara to the XRT Group’, said Bruno Joseph, Managing Director of XRT. ‘It has been a skilled partner to 1,000 clients, users of our financial value chain management solutions.’


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