Patni acquires IPRs from Carphone Warehouse

Patni Computer Systems has acquired UK-based Carphone Warehouse's (CPW) proprietary intellectual property rights (IPRs) on certain products. The company did not disclose the financial terms of the acquisition.

The IPRs are for products that enable communication service providers to offer customer management, point of sales and billing services for a number of products and services, the company informed BSE today.

Patni intends to use this intellectual property for software licensing, provision of re-usable intellectual property-led IT services, managed services and hosted services.