Flextronics, the $14.5-billion Singapore headquartered electronics contract manufacturer, has acquired the Chennai-based Future Software Ltd that provides software solutions to telecom firms globally.
Flextronics' acquisition of Future Software comes close on heels of it acquiring a 55 per cent stake in India-based telecom firm Hughes Software Systems (HSS) and a $10 million investment in inSilica, a semiconductor design firm based in Bangalore.