Ver se Innovation Pvt. Ltd. agreed to acquire Eterno Infotech Pvt Ltd. from Rediff.com India Ltd. (NasdaqGM:REDF) and others on December 19, 2011. Rediff sold the stake for $0.94 million on December 19, 2011. Ver se Innovation Pvt. Ltd. completed the acquisition of Eterno Infotech Pvt Ltd. from Rediff.com India Ltd. (NasdaqGM:REDF) and others on December 31, 2011.