Deal Corner
January 01, 2009
Harris Stratex Networks, Inc. acquired Telsima Corporation of Sunnyvale, California for USD 12 million

DEAL BRIEF

India Strategic Opportunities Fund ("ISOF"), a unit scheme of Axis Venture Capital Trust, a trust which is registered with the Securities and Exchange Board of India as a venture capital fund, invested in Precision Automation and Robotics India Limited. Precision Automation and Robotics India Limited is a leading manufacturer of Robotic and Automation Systems and Solutions in India, supplying robotic equipment to many of the top companies in the world.

OUR ROLE

We, at Nishith Desai Associates, acted as legal counsel to Precision Automation and Robotics India Limited for this investment.


Disclaimer

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Deal Corner

January 01, 2009

Harris Stratex Networks, Inc. acquired Telsima Corporation of Sunnyvale, California for USD 12 million

DEAL BRIEF

India Strategic Opportunities Fund ("ISOF"), a unit scheme of Axis Venture Capital Trust, a trust which is registered with the Securities and Exchange Board of India as a venture capital fund, invested in Precision Automation and Robotics India Limited. Precision Automation and Robotics India Limited is a leading manufacturer of Robotic and Automation Systems and Solutions in India, supplying robotic equipment to many of the top companies in the world.

OUR ROLE

We, at Nishith Desai Associates, acted as legal counsel to Precision Automation and Robotics India Limited for this investment.


Disclaimer

We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient's country/state.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.