The Hindu Business Line : e4e Inc to scale up operations

AS a step towards scaling up operations, e4e Inc on Saturday opened its new facility here. Inaugurated by Mr Dayanidhi Maran, Minister for IT, the new facility is housed on 1,00,000 square feet area. The company has plans to ramp up manpower to 5,000 people by December 2005 from the existing 3,000 professionals.

"Our future growth strategy includes both the organic and inorganic route where we are looking at acquisitions and partnerships with like-minded companies," Mr Somshankar Das, President & Ceo, e4e Inc, said. According to Mr Das, the company is poised to achieve significant growth over the next 24 months with the necessary investments and manpower in place. Having firms like Aztec Software, iSeva, iCelerate and Vinciti AQ under its fold, e4e is looking to extend its service portfolio to develop full life cycle support services and acquisition of domain knowledge. The group registered a CGR of 60 per cent and expects to clock revenues of $100 million `on a run-rate basis.'

While there are no plans to go public currently, company officials did not rule out an IPO later.

Meanwhile, SonicWALL, a global security and mobile solutions provider plans to increase its business relationship with e4e. "While e4e has provided support services so far we are also looking into extending this relationship by outsourcing IT infrastructure management and software testing too," Mr Mike Anderson, VP-Services, SonicWALL, told Business Line.