The Hindu : Hexaware centre for French firm

Online edition of India's National Newspaper
Wednesday, Feb 27, 2002

Business

Business

Hexaware centre for French firm

By Our Staff Reporter

CHENNAI FEB. 26. Hexaware Technologies, now a part of Aptech, has entered into a three-year $25-million agreement for setting up a worldwide development centre (WDC) for France-based Valtech in Chennai.

The centre will focus on Enterprise Application Integration (EAI) and e-business technologies. It will service Valtech's customers in Europe and the U.S.

Addressing a press conference, Hexaware's Chief Executive Officer, Rusi Brij, said the WDC would support all Valtech subsidiaries.

It would meet the ever-increasing demand of project development directly related to consulting business for Valtech's customers.

In the last two years, the company had executed projects for British Petroleum, a STP solution for asset management for a multinational bank, operational support system integration solutions for a major U.S. telecom companies and also B2B implementations.

Referring to latest demerger, the group's Chairman, Atul Nishar, said the training division of Aptech had demerged and rechristened as Aptech Training.

Its software division and portals had been merged with Hexaware and would be renamed as Hexaware Technologies.

With this merger, all the Aptech offices located in Mumbai, Bangalore and Hexaware's office in Mumbai would be consolidated into one large office at Mahape in New Mumbai.

The entire gamut of technologies available with Aptech and Hexaware would also be merged.

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