Chennai: To ramp up its operation in the e-governance segment, Zylog Systems plans to acquire two overseas companies by the year-end.
On the sidelines of launching the 'Wi5' wireless broadband services, Ramanujam Sesharathnam, Managing Director and Chief Operating Officer, Zylog Systems, said that the company was in talks with a couple of companies with revenues of less than $10 million (about Rs 50 crore) in the e-governance and managed governance space.
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The company had acquired PEQ Consulting, an infrastructure management company, and Fairfax Consulting in November 2008.
Zylog Systems India, a subsidiary of Zylog Systems, will invest about Rs 200 crore in expanding its 'Wi5' wireless broadband services in five metropolitan cities - Delhi, Mumbai, Bangalore, Hyderabad and Kolkata – in two years.
With 250 wireless nodes installed across Chennai, 4,000 more nodes are expected to be operational in the city in 12-15 months.
On why the company chose Wi5 technology and not the more advanced Wi-Max technology, J. Shivkumar, Chief Technology Officer, Zylog Systems India, said most handheld devices such as mobiles, laptops and notebooks were only Wi5-enabled.
In terms of cost, coverage and capacity 'Wi5' was competitive, while the Wi-Max technology was expensive. The newly launched 'Wi5' retail packages are available at 1 mbps, 2 mbps and 4 mbps at Rs 550, Rs 1,000 and Rs 1,750.
