The deal size is likely to be around Rs 125-150 crore.Cranes Software is likely to go for a mix of debt, equity and internal accruals for funding. In FY06, the company had cash at Rs 290.5 crore, while its FY06 consolidated net sales were at Rs 210 crore.
The management stated that, as a matter of business policy, they did not comment on market speculation.
Analysts say that over the last three years, they acquired companies for USD 26 million. They had a cumulative revenue of less than USD 10 million on acquisition. Their current annual revenue is over USD 45 million from acquired products. Their cumulative revenues grew by 4.5 times within three years.
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The deal size is likely to be around Rs 125-150 crore.Cranes Software is likely to go for a mix of 
