Technology management services company Glodyne Technoserve will merge Pune-based project management software services firm Compulink Services with it. The merger is expected to help Glodyne to leverage on Compulink's strong intellectual property rights and client relationships.
The merger would be through a scheme of amalgamation and the appointed date of the scheme will be April 1, 2009.
The share swap ratio would be 1 share of Rs 10 each fully paid up of Glodyne Technoserve for every 19 equity shares of Rs 10 each fully paid up held in Compulink Systems.
