The Hindu : U.S. firm takes over JP Systems India

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Thursday, September 21, 2000

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Business \| Previous \| Next U.S. firm takes over JP Systems India By Our Staff Reporter HYDERABAD, SEPT. 20. JP Systems Inc., the Dallas (Texas, U.S.) based wireless enabling technology and services company, announced the `takeover' of the Hyderabad-based JP Systems India (JPSIL). According to a statement issued here, JP Systems secured a funding of $45 million from private equity firms and some strategic partner companies. Mr. Dayakar Puskoor, CEO of JP Systems, said in the statement that the funds would help them accelerate product development plans and increase global sales and marketing efforts. Incidentally, Mr. Dayakar is the founder promoter of both the U.S. based company as also the Indian company (JPSIL). Send this article to Friends by E-Mail
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Front Page \| National \| Southern States \| Other States \| International \| Opinion \| Business \| Sport \| Science & Tech \| Miscellaneous \| Classifieds \| Employment \| Index \| Home

Business \| Previous \| Next U.S. firm takes over JP Systems India By Our Staff Reporter HYDERABAD, SEPT. 20. JP Systems Inc., the Dallas (Texas, U.S.) based wireless enabling technology and services company, announced the `takeover' of the Hyderabad-based JP Systems India (JPSIL). According to a statement issued here, JP Systems secured a funding of $45 million from private equity firms and some strategic partner companies. Mr. Dayakar Puskoor, CEO of JP Systems, said in the statement that the funds would help them accelerate product development plans and increase global sales and marketing efforts. Incidentally, Mr. Dayakar is the founder promoter of both the U.S. based company as also the Indian company (JPSIL). Send this article to Friends by E-Mail
Section : Business Previous : Rupee improves Next : It is still gloomy for the plantations
Front Page \| National \| Southern States \| Other States \| International \| Opinion \| Business \| Sport \| Science & Tech \| Miscellaneous \| Classifieds \| Employment \| Index \| Home
Copyrights © 2000 The Hindu Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu