Pentafour Software plans 'big push' in the U.S,hires Silicon Graphics personnel.
JPR:
Here is some business news from India.
BTW I did buy some more DELL at $59 and change,I am hoping the market will move higher in the afternoon if something positive comes out of Clinton's meeting with Obuchi,if not what the hell I don't mind holding Dell anyway.
Excerpts
Pentafour Software plans big push in US; hires Silicon Graphics staff
Santosh Nair in Mumbai
Pentafour Software & Exports, the Chennai-based software company has drawn up plans to step up its US operations in an aggressive way. As a first step in this direction, it has recently recruited 10 personnel from Silicon Graphics at senior positions in the company's US office.
According to industry sources, these employees have been hired at a total cost of nearly $3 million per annum. They added that the employees have given a commitment to generate business worth at least $100 million in the current year.
International consultancy Coopers &Lybrand will be advising the company on its US expansions. The board of Pentafour Software will be meeting next month to review the US operations.
Commenting on the developments, V Chandrasekharan, managing director, Pentafour Software, said: " For the front end operations, mainly marketing and generation of business, we will be hiring more of local staff (Americans). Earlier, the front end staff used to be a 50:50 mix of locals and Indians. However,in order to step up the marketing operations, we need people with wider contacts henceforth the structure will be skewed more in favour of locals."...
business-standard.com |
