Purchase of Softech Systems Limited
22 July 2010
On 22 July 2010, Kalypton International Limited finalized its purchase of Softech Systems Limited. Softech Systems is now a fully owned subsidiary and will continue to develop its advanced nfc and Point of Sale technologies and solutions, which Kalypton International will incorporate into its existing infrastructure.
At the time of the purchase, Softech Systems Limited was sponsoring a PhD student through the Prince of Wales Innovation Scholarships scheme. Kalypton International Limited has announced that the new management of Softech Systems will continue to support the powis project, and that this will be augmented by the involvement and interest that its subsidiaries, Kalypton Limited and Kalypton Technologies Limited, also have in that project.