The Hindu Business Line : Allied Digital in joint venture with Lanka co

Check Point Software Technologies is the worldwide leader in Internet security and provides Secure Virtual Network (SVN) architecture and other infrastructure that enables secure and reliable Internet communications.

The company has a 62 per cent market share of the global Virtual Private Network (VPN) market.

"The joint venture will be a distribution company with the new entity Allied-CNT Technologies distributing appliances for the domestic market and the SAARC region. We would also manufacture appliances licensed by Check Point. In our first year, we expect the joint venture on the appliance front to notch up revenues of $5 million in exports and $1.5 million from the domestic market and $ 5 million in revenues from distribution," Mr Bimal Raj, CEO, Allied Digital, told Business Line.

Most of the firewalls sold in India are imported, making this manufacturing venture a first of its kind.

High-end networking equipment such as firewalls is used by enterprises to maintain security and integrity of their networks.

Due to the heavy customs duty structure on hardware in India, the landed cost of appliances was very high here.

Allied-CNT would distribute products from RSA, StoneSoft and Checkpoint, according to Mr Raj.

More Stories on : Software | Alliances & Joint Ventures

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
TRAI asks operators to submit call traffic data

Allied Digital in joint venture with Lanka co

Mercury to upgrade office to subsidiary

Learning management space hotting up

VCL order book set to spur Tata Elxsi growth

SDG Soft, Infosys to integrate tools

Infosys' InStep is big draw

COLT Telecom to set up arm