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Nagercoil based QBizTech merges with US based Compvue Inc.
Nagercoil & Chennai, India - On 14th Jan 2009, Compvue, the IT consulting firm serving small and medium business worldwide, announced the merger with QBizTech, Nagercoil, India.
QBizTech has been providing cost effective business solutions since 2004. QBizTech’s workforce consists of 50+ Software Professionals spanned across Nagercoil and Chennai development centers. Since its inception, QBizTech has established more than 50 customers worldwide which includes Australia, Malaysia, Kenya, Nigeria, Spain, UK, Bahrain, Dubai, Canada, India and USA.
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Compvue is an IT consulting firm, catering to small and medium business worldwide. Compvue is focused on providing high value and cost optimized services that include application development and management, support, product engineering and managed services. The core expertise includes ecommerce, open source, web 2.0, social networking, mobile and enterprise applications like portals, CRM and ERP. Compvue helps businesses in developing technology strategies and roadmaps aligned with business goals.
Key focus of Compvue after the merger will be on providing solutions to small and medium enterprises and startups. Talking to the press Mr. Rakesh Gupta, CEO, Compvue said “Compvue will aggressively focus on strengthening its resources by 200 in its development centers by end of 2009. As a part of corporate strategy, Compvue will harness the untapped pool of local engineering talent in Nagercoil to provide value added and cost optimized services to worldwide customers. This will help Nagercoil to retain the talent locally instead of loosing to the adjourning metropolitan”.
"It is a win-win situation," said Justifus Asir, EVP – Worldwide Delivery of Compvue and Co-founder of QBizTech. "Merger with Compvue will help us to expand our customer base and ability to provide strategic value to our customers. This will help the new entity with a vision and a focus to go to the next level”.
Along with CEO Mr. Rakesh Gupta and Mr. Justifus Asir, other dignitaries present in the occasion were Mr. P. Velu Pillai, Vice President of India Delivery and John Joachim, Chief Technology Officer. The function was presided over by Dr. James .R. Daniel, former Principal of Scott Christian college (Hon. Visiting Professor M.S. University, Tirunelveli). Dr. James stated “Delivering social networking capabilities and tools to the younger generation helps bringing creative forces together and channeling future growth”. Dr. K. Vijaya Kumar, National Vice President of Indian Medical Association (IMA), New Delhi was the Chief Guest. Dr. K. Vijaya Kumar highlighted the context behind eHealth, investment from Nokia towards Healthcare and insisted the need for every professional to start using IT.
The audience for the merger ceremony had representatives from local chamber of commerce, Healthcare, Retail, Manufacturing, Financials, Educational, Entrepreneurs, Research, IT and non-profit organizations. The dinner after the press release opened up networking opportunities.
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