{
    "success": true,
    "data": {
        "id": 1330200,
        "msgid": "hp-plans-to-buy-out-globalsoft-1447893297",
        "date": "2003-12-02 00:00:00",
        "title": "HP plans to buy out Globalsoft",
        "author": null,
        "source": "AFP",
        "tags": null,
        "topic": null,
        "summary": "HP plans to buy out Globalsoft BANGALORE, India: Hewlett-Packard said on Sunday it planned to purchase all 16.4 million publicly-held shares to fully own its Indian subsidiary Digital Globalsoft and expand its presence in the country. The U.S. tech giant said it was offering 750 rupees (US$16.30) a share and expected 35,000 shareholders, including Digital Globalsoft employees, to be eligible. \"Software development was done both by HP and Digital Globalsoft in India.",
        "content": "<p>HP plans to buy out Globalsoft<\/p>\n<p>BANGALORE, India: Hewlett-Packard said on Sunday it planned to<br>\npurchase all 16.4 million publicly-held shares to fully own its<br>\nIndian subsidiary Digital Globalsoft and expand its presence in<br>\nthe country.<\/p>\n<p>The U.S. tech giant said it was offering 750 rupees (US$16.30)<br>\na share and expected 35,000 shareholders, including Digital<br>\nGlobalsoft employees, to be eligible.<\/p>\n<p>\"Software development was done both by HP and Digital<br>\nGlobalsoft in India. There is a conflict and the merger will<br>\nresolve this,\" Hans Lidforss, Hewlett-Packard's vice president of<br>\nstrategy and corporate development, said by videoconference to<br>\nreporters in India's technology hub Bangalore.<\/p>\n<p>Hewlett-Packard employs about 5,000 professionals in India<br>\nwhile Digital Globalsoft has 4,600 software engineers.<\/p>\n<p>Public shareholders currently own 29 percent of Digital<br>\nGlobalsoft. --AFP<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/hp-plans-to-buy-out-globalsoft-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}