Afs Technologies Buys Assets of Softrax

Summary


MANAVIGATOR-November 23, 2009-AFS Technologies buys assets of Softrax (C)2010 M2 COMMUNICATIONS http://www.m2.com

US enterprise software solution provider AFS Technologies said on Monday it has bought certain assets of revenue management and billing solutions firm Softrax for an undisclosed price, paid in cash. Softrax' assets will be managed by AFS Financial Solutions Inc, a wholly owned subsidiary of AFS. The deal represents the first phase of a planned expansion by AFS to broaden its enterprise technology platform and Software as a Service (SaaS) applications into other industry sectors.

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Afs Technologies Buys Assets of Softrax

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