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News >> Technology >>
Mindscape, NeST enter into tie-up
By siliconindia
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Tuesday, 02 March 2004, 20:30 IST
KOCHI : Leading IT player from Kerala, NeST, and Mindscape, a company that specialises in financial services solutions, have come together to set up an offshore development centre at the NeST facility here.
An agreement to this effect was signed recently by N Jehangir, managing director, NeST Group and Mohammed Fouz, CEO of Mindscape, at a function held at the Mindscape office in Dubai Internet City .
As per the agreement, a dedicated offshore development centre to support the aggressive growth strategy of Mindscape will be set up.
Mindscape, a wholly-owned subsidiary of Mashreq Bank, has decided to tap the IT resource pool in India to achieve organic growth in the banking and financial services sector while maintaining its global competitiveness, a release issued here said. For this purpose Mindscape has identified NeST, a CEI CMMi Level 5 player, the release said.