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Saturday, September 15, 2001
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MphasiS restructures European operations

BANGALORE: MphasiS BFL is restructuring its European business including closure of the healthcare product line. This line related to BFL gmbh, the German subsidiary of the erstwhile BFL Software, is being discontinued in keeping with the group's strategy of concentrating on software solutions and services. The European business would now be divided into two separate strategic business units. The Netherlands business will be treated as a mature business with higher revenues and margin targets.

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