iNews: Intel buys into Bangalore based Comat for $4 million March 13, 2007
Posted by srinix in India 2.0, Start-ups, Technology Companies, WebSTorm, iNews.trackback
In a remarkable series of events, Intel buys into Bangalore based Comat for $4 million.
Comat Technologies provides business solutions and services for Government, Healthcare and Legal streams.
Intel has taken up marginal stake in Comat which is a pure sign of Intel investing in e-governance service space.
Intel is believed to invest $4 million in the deal and which only boost up Comat to be a market leader in e-government service sector.
The company executives have confirmed the news of Intel investing in their venture.
Comat already have some of the key projects operating and has partnered some of the best providers and promoters as well.
Courtesy: SillionIndia.com
http://www.siliconindia.com/shownews/35203
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