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MoneyWorks4Me

Zenith Infotech spun off its MSD Division

26 Sep 2011 Evaluate

Zenith Infotech has spun off one division of the company business - MSD Divsion to Zenith Monitoring Services, Mumbai which will be a subsidiary of Zenith RMM LLC, by way of an asset purchase agreement. However, the company is going to be a major shareholder.

Zenith Infotech is an international company serving IT service providers worldwide. Zenith provides three separate and distinct services-a Managed Service Infrastructure, a Virtual Help Desk and a Business Continuity Solution.

Peers
Company Name CMP
TCS 2410.00
Infosys 1140.00
HCL Technologies 1376.60
Wipro 194.50
Tech Mahindra 1765.40
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