MindTree to acquire Kyocera Wireless India
Kyocera Wireless India is a unit of San-Diego based Kyocera Wireless. It has 600 employees in India and develops custom wireless handsets for Indian service providers. "This acquisition makes them (Kyocera) a major strategic client for MindTree," said S Janakiraman, President and Group Chief Executive, Product Engineering Services, MindTree.
"This allows Kyocera to improve its cost structure and competitiveness while providing MindTree a strong engineering resource," said Yasuyuki Yamamoto, General Manager, Kyocera Wireless. MindTree says that this deal will help in increasing growth of MindTree's product engineering services business under which it offers design and technology services including wireless technology.
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