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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
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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.
first published: Jan 11, 2011 03:24 pm

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