Sun Microsystems has announced that it has tied up with eSys Information Technologies as its designated channel development partner (CDP) in the country. |
The primary goal of this partnership will be to provide customers in the Tier II & III regions across India with a CDP fully dedicated to their businesses. |
As an authorised CDP of Sun, eSys India will establish key enterprise distribution teams to focus on the major growth industries such as education and research, government and manufacturing in addition to a large base of small and medium businesses. |
Announcing the pact, Sun India MD Bhaskar Pramanik said: "India has constantly grown as a leading IT consumption market, with presence of a large base of customers located in regions other than the Tier I and II metros. This partnership with eSys forms a strategic part of our efforts in growing our presence across the country." |
eSys, a global distribution firm, with a topline of $1.4 billion is looking at expanding its market-share in India with this tie-up. |
According to independent estimates, this firm is the third largest IT distribution firm in the country with a topline of $250 million from the Indian sub-continent. |
The firm is looking at acquiring an IT distribution entity in India within the next 6 months to expand its presence, which will enable it to reach $500 million topline from here over the next year. |
The company is raising close to $200 million through a bond issue in Singapore as an effort to equip itself with cash to fund acquisitions across the globe. |