February 13, 2006

Red Hat to leverage India venture to tap W Asia

Linux and open source provider Red Hat Inc is planning to leverage its Indian operations to address the West Asia market, even as the company awaits the Foreign Investment Promotion Board (FIPB)'s nod to convert the India entity into a wholly-owned subsidiary by acquiring the balance 40 per cent stake held by the local partner.

Link: Sify.com

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