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R Systems International plans to divest its non-core businesses

16 Dec 2011 Evaluate

R Systems International, one of the leading providers of outsourced product development, technical and customer support, is exploring the option of divesting some of their non-core businesses. While there is no finality whatsoever as to whether such divestment will occur, the company may engage in preliminary discussions with potential buyers.

Earlier in November, the company signed a collaborative partnership agreement with INCA Internet Company, a leading information security company specializing in providing online financial security services for safe and trustworthy online banking transactions.

R Systems International is a software product development and BPO services company. It helps companies bring products and services to market quicker by using its proprietary suite execution framework.

Peers
Company Name CMP
TCS 2083.95
Infosys 1000.95
HCL Technologies 1259.40
Wipro 164.15
Tech Mahindra 1547.00
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