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ICRA upgrades the credit rating for long term facilities of Zylog Systems

11 Aug 2011 Evaluate

Credit rating agency, ICRA has upgraded and reaffirmed the rating facilities of Zylog Systems. The agency has upgraded the credit rating to ‘ICRA A+’ from ‘LA’ for long term facilities of the company. The outlook on the long term rating is rated as stable.

Further, the agency has also reaffirmed the ‘ICRA A1’ rating for the short term facilities of the company. The board at its meeting held on August 10, 2011 has took on record the upgrade and reaffirmation of rating by ICRA.

Zylog Systems is an ISO 9001 certified provider of Onshore, Offshore and near shore technology solutions and services to enterprises and technology companies across the globe. It provides complete Product Lifecycle Management services, ranging from new product development and product advancement to product migration, re-engineering, sustenance and support. By leveraging their experience in product engineering, they bring products to market faster, with high quality and reduced costs.

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