Top Story

e4m_logo.png

Home >> Digital >> Article

Intel Capital makes strategic investment in Allied Digital Services

28-September-2010
Font Size   16
Intel Capital makes strategic investment in Allied Digital Services

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.

Tags

Vijay Mansukhani, speaks to exchange4media about the resurgence of Onida, the scope of growth of consumer electronics market in India and the reasons why Indian consumer electronics brands don’t compete on a global scale

Projjol Banerjea opens up about hiring Anne Macdonald and GroupM's Rob Norman, and the brand's new identity

Meera Iyer tells exchange4media that in FY 2016/17, bigbasket clocked a revenue of Rs 1,400 crore. The online supermarket currently stands at 70,000 orders a day, with operations in 25 cities.

CMO, Kashyap Vadapalli on the start-up’s marketing play, why it has decided to stay away from IPL and response to its furniture rental apps

Meanwhile Radio City and Radio Mirchi ruled Bangalore and Kolkata respectively

Pankaj Belwariar, who recently resigned from the post of Vice President Marketing at Sakal Media Group, has now joined Rajasthan Patrika as the Head of Marketing in North and East region.

A look at Vivo’s ad campaign with their all-new brand ambassador Aamir Khan, which has fetched them a whopping 21 million views on YouTube