R Systems International Ltd.

BSE: 532735 | NSE: RSYSTEMS
Small Cap | IT - Software
393.80
7.80 (2.02%)
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R Systems International plans to divest its non-core businesses

Date: 16-12-2011

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.