Zensar Technologies Limited and BroadenGate Systems Inc. Enter Into a Joint Venture
06 Mayo 2004 - 7:30AM
PR Newswire (US)
Zensar Technologies Limited and BroadenGate Systems Inc. Enter Into
a Joint Venture SHENZHEN, China, May 6
/Xinhua-PRNewswire-FirstCall/ -- On April, 29th, 2004, Zensar
Technologies Limited and BroadenGate Systems Inc. signed the
official contract to establish a joint venture in overseas
development and outsourcing business, targeting at American and
European clients and multinational companies in China. This JV will
focus on high-end outsourcing services, and already signed a
contract in offshore development as well as a trial contract from a
Chinese telecom company. As an SEI-CMM Level 5 software services
organization, Zensar has been providing solutions to Fortune 500
companies and other clients for over a decade. With its experience
in over 1,000 projects and more than 5,000 person- years of
software development services, Zensar is among the leading software
exporters from India. The contract value of Zensar was over 60
millions USD in 2003. 'The establishment of the joint venture with
Zensar will enable us to enlarge the American and European market
share and to be more competitive than other domestic service
providers. We anticipate that this joint venture will generate 2
millions USD worth of contract in the coming 12 months', said Dr.
Hongbing Lan, President and CEO of BroadenGate Systems Inc.
Contact: Freeman BroadenGate Systems, Inc. Tel: +86-755-26010027
Email: DATASOURCE: BroadenGate Systems, Inc. CONTACT: Freeman of
BroadenGate Systems, Inc., +86-755-26010027, or
Copyright