Orc Software to divest E2E Infotech
STOCKHOLM, April 25, 2007 – Orc Software (SSE: ORC), the leading global provider of technology for advanced trading, market making and brokerage, today announced it has signed a memorandum of understanding to divest its entire 51% share of E2E Infotech Limited, a London-based financial solutions provider. The buyer is aurionPro Solutions Limited, a technology and product solutions company headquartered in Mumbai, India.”Divesting Orc Software’s ownership of E2E is in line with our objective to further streamline our business,” says Thomas Bill, CEO, Orc Software. ”We will continue to