NTT Com to Acquire Major Stake in Emerio GlobeSoft Pte Ltd

by Mr. Sunil Kanojia of Emerio Corp.

Posted to Milestone on 4/22/2010 at 2:33 AM

TOKYO, JAPAN - NTT Communications (NTT Com) and Emerio GlobeSoft Pte Ltd (Emerio), a leading technology services and outsourcing company in Singapore, announced today that NTT Com will soon acquire a 70-percent stake in Emerio. NTT Com has reached agreement with Emerio’s shareholders concerning the acquisition.

The combination of NTT Com’s world-class capabilities in fields such as networks and data center services with Emerio’s high-level know-how, experience and some 1,200 engineers will enable NTT Com to enhance the coverage, cost effectiveness, reliability and quality of its global services and strengthen its ability to meet multinational companies’ growing needs for globally seamless and one-stop solutions for networks, applications and servers.

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