Intel to acquire Network Solutions consulting group

Intel Corporation has announced that its Indian subsidiary intends to acquire the consulting group of Network Solutions Pvt Ltd of Bangalore, India.

The acquisition will add to Intel's growing capability in supporting system integrators and other consultants building e-Business solutions, based on Intel Architecture and Intel networking and communications technologies. Financial terms of the agreement are not disclosed as of now. With this agreement, the Network Solutions consulting team will become part of Intel and serve a broad range of system integrators and solutions providers. 

Founded in 1993, Network Solutions is a services provider in India with customers including Citibank Corp and Satyam Infoway Ltd. Network Solutions has delivered consulting services, management services, value-added software products and system integration for businesses deploying voice and data Networks. 

"Networks' consulting team will be deployed to support system integrators and solution providers as they incorporate Intel Architecture and Intel networking and communications technologies into the new e-Business data center," said Will Swope, VP, Intel Architecture Group, and GM, Solutions Enabling Group. "The team's expertise will be utilized to enable best of class business solutions in India, and shared worldwide to advance Intel's comprehensive solution enabling efforts."

Upon completion of the acquisition, the Network Solutions consulting team will become part of Intel's Solutions Enabling Group and will complete committed projects during its transition. With the sale of its consulting capability, Network Solutions will continue to focus on its core business of network and system integration, as well as managed services. Intel will continue to provide technical consulting services to Network Solutions as part of an ongoing relationship.