NeST casts its net far and wide
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NeST casts its net far and wide

Thursday, 22 January 2004, 08:00 Hrs
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THIRUVANANTHAPURAM: Kerala- based Network Systems and Technologies Pvt. Ltd. (NeST) has decided to diversify into newer areas like avionics and has also taken over a US-based communications company in its expansion bid.

The software and hardware company, with offices in Technopark near here and at Kochi, has acquired the US-based AM Communications, the leaders in cable TV system monitoring products.

According to NeST Chairman Javed Hassan, the entire manufacturing, research and development as well as AM software would now be done in Kerala.

"The takeover deal was done at a cost of $10 million," said Hassan.

Besides, the company has reached the final stages of negotiations with a British company, which is a leader in the avionics sector.

NeST is also strengthening its Europe operations in fibre optics sector.

"We entered the avionics sector a year back. The potential is tremendous and we are soon going to develop software for improving the efficiency of aircraft," said Hasssan.

The company had last year achieved a major milestone by securing the capability maturity model integration (CMMI) Level 5 assessed by the Software Engineering Institute (SEI), the Carnegie Mellon University authorised lead assessor.

With that, it became the eighth company in the world to achieve CMMI L5 and the first company in the world to achieve CMMI L5 from CMM L5 in all the 25 process areas.

Besides an ISO 9001 certification to its credit, NeST was the first IT company in Kerala and the 19th in the world to bag the prestigious SEI CMM Level 5 certification in 2000.

NeST has its operation centres at Kochi, Thiruvananthapuram and Bangalore with overseas offices in the US, Canada, Britain, United Arab Emirates, Qatar, Saudi Arabia, Australia and Japan.

The company employs over 3,000 people globally and provides product design, hardware manufacture, software, networking, training, quality consulting, animation, and avionics to major customers like Hitachi, Toshiba and GE.



Source: IANS
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