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Mumbai networking co. buys out U.S. tech co.

Thursday, June 15, 2006 in News

Gemini Communication Ltd, a provider in networking, systems integration and RFID solutions is buying U.S.-based PointRed Technologies for an undisclosed amount, IndiaTelevision.com reported.

According to the article, posted last night, the acquisition of the wireless product company will help the Chennai company foray into a new segment, and broaden its wireless broadband product range. [end] 

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