Allied Digital Services Ltd, a leading Indian IT services and solutions company, has signed an agreement with Intel Capital, under which the latter will invest in warrants to purchase Allied Digital equity shares. The parties expect allotment of the warrants to take place later this year following receipt of regulatory approvals and satisfaction of other customary conditions.
“We believe that enterprise remote infrastructure management segment is positioned attractively for tremendous growth over the next several years. Allied Digital is one of the technology leaders in this space and this investment enables Intel Capital to further enhance the technology adoption worldwide in the enterprise space,” Sudheer Kuppam, Managing Director, Intel Capital Asia Pacific.
Commenting on the development, Kevin Schatzle, President, Allied Digital, LLC in USA, said, “We are pleased by the fact that the strategic investment in Allied Digital by Intel Capital validates our approach to Remote Infrastructure Management and Cloud based delivery of IT services, leveraging Intel technologies. Allied Digital has significant momentum and customer wins to support our belief that there is a major migration from traditional capital intensive own-and-operate models to Cloud and operating expense or subscription based delivery of IT services. Our collaboration with and validation from Intel will assist us in broader penetration into the global marketplace.”
Allied Digital, through its subsidiary Allied Digital Services LLC in USA, has been one of the forerunners in the use of Intel Core vPro processor family into its wide-ranging customer solutions. Allied is currently integrating Intel’s latest generation of intelligent business platforms to take advantage of the virtualisation and automation features of Intel vPro processor technology, offering remote IT asset management that minimises desk side visits, while enhancing security and customer productivity.
Intel Core vPro processor technology will enable remote configuration, diagnosis, isolation and repair of infected PCs, even when those units are unresponsive, to help customers control management costs, protect data, work more efficiently.
Commenting on the development, Nitin Shah, Chairman & Managing Director, Allied Digital Services, said, “The investment from Intel Capital is strategic in nature and it opens a huge window of opportunity for Allied. We believe that this association with Intel will catalyse our go-to market strategy in the Infrastructure Management Services space as we will collaborate with the wealth of resources from Intel in established and emerging markets to offer highly sophisticated and improved service offerings to our customers.”
Allied Digital Services Ltd provides a range of IT Infrastructure services and solutions, including managed services and physical and information security solutions, to leading Indian and global corporations. The company has a presence in over 132 locations in India, and over 40 states in the US through its subsidiary, Allied Digital Services LLC.
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