Delhi, April 1, 2013: Leading India-based value added distributor of global networking and security products, Comguard India, a part of Spectrum Group of Companies, Dubai, has announced the acquisition of Bangalore based IT Distribution Company, Converged Solutions. This enables Comguard to foray into voice and data vertical apart from existing portfolio of networking and security products. This is Comguard’s first ever acquisition in India since started India operations in 2009. Converged Solutions’ existing offices and distribution alliances and workforce have been merged with Comguard India.
Says Ajay Singh Chauhan, CEO, Spectrum Group: “Converged Solution has a rich heritage, a passionate customer base and a wide product line, all of which have fueled our decision to acquire the company. The entire portfolio of Converged Solution has been merged with Comguard and will evolve to enrich user experiences and voice & data functionality.”
Adds Areen Naidoo, CEO, Converged Solution and now the AVP, Distribution and Alliances at Comguard, India: “Having two decades of experience as a VAD, the Comguard acquisition will provide a chance for us to meet bigger challenges, with larger OEM,s and create value for the ecosystem of our partners.”
Apart from security and voice & data vertical, Comguard India intends to further stretch its arm to storage and cloud vertical. With a number of 12 distribution alliances at present, Comguard India aims at 20 new alliances by the end of 2013.