After selling its transportation and logistics software solutions business to Kewill Group, Four Soft is now afresh to get on with new businesses and is considering the acquisition of computer peripherals and mobile accessories retailing portal - deals15.com from Premium Web Services Private Limited, the company said in a filing to the exchange.The publicly-listed company but with no business is looking to start with the booming ecommerce sector and later enter into media and entertainment and high-end IT services verticals. The company is carrying on a third-party due diligence and is likely to conclude the performance-based payout deal by month end.Launched in 2012, Deals15 provides a wide range of products with an all India delivery and has a turnover of R1 Cr.Backed by investors like Kotak PE and ChrysCap founder Ashish Dhavan, Four Soft had sold its core business to Kewill Group on a slump sale basis for R300 Cr. Of the cash received, the company retained R25 Cr after clearing R20 Cr loan and paying R60 crore towards taxes. It also returned a majority of the remaining amount to the shareholders in the form of interim dividend and capital reduction scheme.Post the deal the company has been renamed to Palred Technologies Limited. 'Palred is committed to provide IT Solutions and IT Services for Media & Entertainment and Online E-Commerce Portals' its under construction website states.It is also considering the merger of Paired Media and Entertainment Pvt. Ltd. and Pal Premium Online Media Pvt. Ltd. with Paired Technologies Limited.The stock had spiked up by the maximum permissible level of 5% to settle at R17.05 on Monday, 6 January 2014 post the announcement of the acquisition.The company has also invested R60 Cr in developing eShoot, a script-to-post-production software with built-in project management capabilities aimed at the media and entertainment industry. The product is aimed at specifically targeting Hollywood and is likely to go to the market in the next two years.Four Soft's consolidated net profit declined 39.2% to R2.45 Cr on a net sales of R35.71 Cr in Q2 September 2013.Recently in this space, Kellton Tech Solutions was planning to acquire Supremesoft Global Inc, USA; Baring PE had bought out Hexaware Technologies.