In a first-of-its kind merger in Gujarat, three Ahmedabad-based IT companies are gearing up to launch a new company to cater to three different verticals – software, hardware and IT education – they specialise in individually.
The companies – Cubit Computers, Dev Information Technology and ACT Computer Education – are in advanced stages of merging into a new entity, which will receive funding from a US-based private equity firm.
The team from Cubit Computers, one of the pioneers in launching the tablet PC in the country, will head the hardware services vertical.
Dev Information Technology, which has undertaken a number of government projects in Gujarat, will head the software business, while ACT will spearhead the computer education services segment for the new entity.
Read more in The Business Standard article.
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