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Apere to set up centre in Hyderabad

HYDERABAD: Apere Inc., a network security solutions provider, has announced the setting up of its Product Life Cycle Centre in Hyderabad. The company plans to invest $2 million this year and about $25 million over the next two years. Apere founder chairman and chief executive officer, Ram Jayam, said the company identified identity theft as a major cause for concern for global corporations, particularly in the banking and financial services industry. Apere sought to provide a solution that would address this market.

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