Financial Daily from THE HINDU group of publications
Thursday, Jan 20, 2005
Financial Daily from THE HINDU group of publications Thursday, Jan 20, 2005 |
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Info-Tech
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Outlook Subex to focus on products Our Bureau
Bangalore , Jan. 19 SUBEX Systems is planning to restructure itself for increased focus on products business. The company may consider the restructuring of its services business, including transfer of business to its wholly-owned subsidiary, Subex Technologies Inc. "We plan to focus on our product business in the future - about 90 per cent of our profits comes from products," Mr Subash Menon, President and CEO told Business Line. Last year, Subex Systems earned 55 per cent of its Rs 89 crore revenues from services, but products are most profitable and grew by 60 per cent last year, Mr Menon said. Products from recent acquisitions by Subex Systems, including Alacatel's Fraud Management, Lightbridge and Magardi, are integrated into Subex Systems' product line.
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