Allied Digital in JV with Singapore firm
Mid size IT firm Allied Digital Services Ltd said on Tuesday it has entered into a joint venture (JV) with Singapore-based e-Cop to increase its presence in the managed security services market.
January 11, 2011 / 15:35 IST
Mid size IT firm Allied Digital Services said on Tuesday it has entered into a joint venture (JV) with Singapore-based e-Cop to increase its presence in the managed security services market.
Allied Digital said it will hold 80% in the JV, while e-Cop, which provides managed risk and information security services to business enterprises and governments, will own 20%.At 12.52 pm, shares of Allied Digital were up 2.7% at Rs 178.60 in a choppy Mumbai market. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!