Megasoft Ltd
Megasoft Ltd Company History
Megasoft was in the telecom sector providing technology platforms & solutions to the global telecom industry.
2001
Board approves acquisition of Megasoft Consultants Inc., USA at a consideration of US$ 3.25 million, subject to necessary approvals.
2001
2002
Approves the issue of up to 14,00,000 shares to Interpro Scribe Ltd at Rs 70/- each on preferential basis. Accordingly the Board met on October 4, 2002 and decided to issue 207075 shares to Interpro Scribe Ltd.
2002
2003
Assessed at Maturity Level 4 in the Capability Maturity Model (CMM) for software of the Software Engineering Institute (SEI)
2003
2004
Board approves the proposal for merger / amalgamation XIUS India Ltd with the Company, based on the valuation report submitted by M/s Pricewaterhouse Coopers Pvt Ltd. (PwC).
Satyam Computer has acquired the BSE-listed Chennai-based software services company Megasoft in a stock deal through his own company Xius.
2004
2005
Megasoft ties up with Registrat
2005
2007
Megasoft Ltd, telecom technology solutions provider, has completed a definite agreement to acquire US-based Boston Communications Group, Inc (BCGI) in an all cash deal valued at $65 million.
The Company recommended a dividend of Rupee One per share (10%).
Megasoft signs unprecedented multi-year, multi-million dollar ASP Agreement with US Company.
2007
2008
The Company recommended a dividend of 12% on equity shares of Rs 10 each
2008
2010
Megasoft created Innovation Centers to focus on the identification, nurturing, testing, and delivery of additional new solutions to the markets
Megasoft plans $25 mn buyout in Latam, Europe.
2010
2011
The Company Appointed Mr. G V Kumar as Managing Director of the Company.
2011
2012
Megasoft bets big on near field communications.
2012
2015
"Megasoft launches XIUS AMPLIO to Accelerate Telecom and Internet Providers Data Revenues".
Patent Awarded to Megasoft for Method of Performing Authentication and Service Translation for MVNOs
Megasoft Awarded NFC Patent by USPTO.
2015
2016
Megasoft arm partners with Maxcom to launch MVNOs in Mexico.
2016
2017
Megasoft bags contract from BELTRON.
2017
2021
The company issued rights shares of Rs. 10 in the ratio of 2:3 at par.
2021
2022
Megasoft Limited has informed about Acquisition of stake in Extrovis AG, Switzerland
2022
