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Home : October 18 2011 Computer News : COMPAREX Acquires Indian Software and Services Expert IRIS Unified Technologies Pvt. Ltd.

COMPAREX Acquires Indian Software and Services Expert IRIS Unified Technologies Pvt. Ltd.

October 18, 2011

LEIPZIG, GERMANY--(Marketwire - Oct 17, 2011) - The COMPAREX Group has taken another strategic step forward in pursuit of its international growth strategy by acquiring Indian software consulting and technology services specialist IRIS Unified Technologies Pvt. Ltd. The acquisition, closed on October 14th, follows the foundation by COMPAREX of an Indian subsidiary in Delhi earlier this year as part of its expansion in the Asia Pacific (APAC) region. It is planned that IRIS will operate under the COMPAREX brand. The new company will focus on leveraging the significant potential of the Indian market for the COMPAREX Group. IRIS Managing Director Navin Kapur and his leadership team will continue to head the merged Indian organization with more than 70 employees.

Link: http://www.marketwire.com/mw/release.do?id=1574197&sourceType=3
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