Saturday, November 12, 2005
As I had speculated last week about IBM starting to do more acquisitions in India, IBM bought a small outfit in India fews days back. IBM has announced that it has acquired Network Solutions Pvt. Ltd., a Bangalore-based infrastructure services company. Network Solutions will allow IBM to augment its networking and managed services portfolio. Network Solutions seems to be a network implementation and management provider. Not necessarily a play into software development but network related service companies are in immense demand in India also. No financial details were revealed. Expect IBM to take bigger part in Indian market going forward.