Business Daily from THE HINDU group of publications Thursday, Nov 15, 2007 ePaper | Mobile/PDA Version |
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Info-Tech
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Alliances & Joint Ventures
New Delhi, Nov. 14 CA Inc and HCL Technologies have announced an agreement to establish a strategic partnership under which the Indian IT major would take up all research and product development connected with CA’s threat management security business. CA would retain all sales and marketing functions. “The goal of the strategic partnership is to grow CA’s threat management business by combining the strengths of both organisations. HCL and CA will achieve goal alignment and financial targets through revenue sharing. The annual revenue of CA’s threat management security business is in excess of $100 million,” a company release said here. The partnership covers all threat management products, which include anti-virus, anti-spyware, integrated threat manager (ITM), host-based intrusion prevention system (HIPS), secure content manager (SCM), Internet security suite, anti-spam and firewall. The partnership is expected to become operational by year-end, following the signing of a definitive agreement. — Our Bureau More Stories on : Alliances & Joint Ventures | Software | Security | HCL Technologies Ltd
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