Rolta India Ltd, the software services company has announced the acquisition of Chicago-based Broech Corporation, an IT consulting company specializing in ERP applications as well as database and BI solutions, based on Oracle technologies. Broech carries out its business as "TUSC".

Company stated in a release that the consideration for this transaction is about US$ 45 million, including escrows and earn-outs.

TUSC is headquartered in Chicago, with excellence centers and offices across the US that are staffed by over 160 consultants. TUSC is a profitable Company and its 2007 revenues were in excess of US$48 million, with a CAGR of more than 30% over the past 4 years.

This is the second acquisition by Rolta in six months and will bring to Rolta a strong portfolio of products and customers, improved access to complementary markets, and industry service lines.

However, as a wholly owned subsidiary of Rolta, TUSC will continue to lead its operations from headquarters in Chicago. USA.

Rolta India expects this transaction to be immediately accretive to shareholder value in the current fiscal year ending in June 2008.