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Article: India: Norwest invests $4.2M in application management firm Appnomic.
- Article from:
- TendersInfo
- Article date:
- January 30, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: shiv03
Appnomic helps companies in managing IT by offering automated technology, intelligent analysis and process methods.Norwest Venture Partners (NVP) has invested Rs 20 crore in infrastructure management services (IMS) company Appnomic Systems. Bangalore-based Appnomic Systems, formerly called Vitage Technologies, has operations in India, Middle East and Africa.
Appnomic helps companies in managing information technology (IT) by offering automated technology, intelligent analysis and process methods. Norwest believes that there is a need by corporations for simplification and efficient management of IT at a low cost, and 70-75% of IMS ...