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Rank - 157 : California Software

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DQI Bureau
New Update

It was a year of consolidation and some strategic initiatives for Calsoft. In

Q3, Calsoft divested its stake in Informed Decisions Corporation (IDC) that

fetched close to $18 mn; thus increasing its cash reserves, and so despite the

topline hit, the companys bottomline improved as it had invested only $1.5 mn

in IDC four years ago. With the proceeds, Calsoft also intended paying up part

of the $15 mn loan it took for building its Chennai delivery facility. The

Calsoft Enterprise Solutions business unit was rechristened Inatech, and Chris

Baker appointed its CEO.

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Rank - 157 : California Software

FACTSHEET

l President and CEO: S (Sam)

Santhosh l Start-up Year: 1992 l Products & Services: Product engineering

and business solutions l Address: 5th Floor Elnet Software City, TS 140 CPT

Road, Taramani, Chennai 600 113 l Employees: 1,000 l Tel: 044 2254 1080 l

Fax: 044 2254 2902 l Website:

www.calsoftgroup.com

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