Ajay Shah joins Moser board

Ajay Shah, who had sold his firm Smart Modular Technologies to Solectron Corporation in a deal valued at over $2 billion in 1999,  will join the board of directors of Moser Baer India.

According to a release issued by Moser to the BSE today, Shah is the managing partner of the US-based Shah Capital Partners, which is focused on private equity investments in technology companies.

"Shah joins as the 10th member on the Moser Baer board of directors," the release added.

Deepak Puri, CMD of Moser Baer, said: "It is great to have Ajay Shah on our board. He brings to Moser Baer not only his years of technology expertise and experience, but also his ability to spot tomorrow's trends. I am sure he will be instrumental in further enhancing our global outlook."