Microland’s Net Brahma Technologies to get acquired by US based Metro-Optix
NBT’s IP expertise to kick-start Metro-Optix’ Indian R&D operations
Microland Limited (www.microland.co.in), today announced that it has signed an MoU to divest complete stake in its group company Net Brahma Technologies to Metro-Optix (www.metro-optix.com), a US based telecommunications optical networking equipment provider, subject to necessary share-holder and regulatory approvals. Metro-Optix has decided to leverage the technical expertise and intellectual property developed by Net Brahma to kick-start its India Engineering Center.
Announcing this development, Pradeep Kar, Chairman & Managing Director, Microland Group, commented, “In a short span of 18 months, Net Brahma has evolved from a networking software services provider to being a leading IP led products company that has built a number of protocol stacks in the areas of MPLS, BGP4, DiffServ, MGCP, MEGAGO and SIP. To realise our dream of being a significant player in this market, it became imperative that we had to align with a leading company that was significantly well capitalized with a distinct vision for the future. I am very pleased with this development as I believe it helps both the companies further their goals.”
Speaking on the occasion, Arun Bellary, Chairman, Metro-Optix said, “Net Brahma’s technical expertise and protocol stacks developed in the areas of MPLS, Routing, as well as convergence are very impressive and fit in well with our vision. Going forward, the Net Brahma team will enable us to rapidly accelerate the development of several critical product features in order to gain a larger market share in India quickly.”
Rated as one of Top 50 private technology companies by Red Herring Magazine, Metro-Optix is lowering the cost per bit of the metropolitan optical networking segment by delivering service providers a next generation “protocol agile” bandwidth manager called CityStream.
Net Brahma, a Microland Group company launched in July 2000, focuses on providing software blocks for next generation equipment makers. The company has provided custom engineering software services in the areas of routing, tunneling, SNMP, traffic engineering to several leading US equipment makers. Net Brahma has also built protocol stacks in the areas of MPLS, BGP4, DiffServ, MGCP, MEGAGO and SIP.
About Microland Group
Architects for the Digital Economy
The MicrolandT Group (www.microland.co.in) is at the forefront of the Indian IT revolution with a clear focus on providing end-to-end technology services solutions to global customers. Since its inception in 1989, the Group has been a catalyst of change in the Indian IT industry and at the forefront of technology, enabling market transition into emerging technological paradigms. With a clear understanding of the technologies that drive the digital economy, the group is uniquely positioned to offer focused services and solutions to enterprise organizations in the areas of Technology Infrastructure Management and Enterprise Application Development.
The Group employs over 1000 professionals across its offices around the world and has investments from J P Morgan Partners, ICICI Ventures and GE Capital amongst other renowned strategic investors.
Jointly headquartered in Santa Clara, Calif. and Allen, Texas, Metro-Optix is a privately held, optical networking equipment provider that is pioneering a new generation of Internet infrastructure for metropolitan networks. Recently named a “Top 50″ private company by Red Herring magazine, Metro-Optix is developing solutions that enable carriers to effectively transition from traditional circuit-based services to high-performance cell and packet-based services. For more information, visit www.metro-optix.com.