Tuesday, March 13, 2007
EDS to acquire RelQ Software Private Limited
PLANO — EDS today announced it has reached a definitive agreement to acquire RelQ Software Private Ltd., a privately owned Bangalore, India-based software testing company. Over time, RelQ will be fully integrated into EDS' global testing organization and will accelerate EDS' global testing capabilities.
All of RelQ's more than 700 employees in India, the United Kingdom, the United States and France are expected to become a valuable part of EDS' global testing organization. Financial terms of the transaction were not disclosed. The transaction is expected to close in May 2007.
"Today's clients are working in a 'self service, always-on world' where their customer-facing business applications must operate with zero outages," said Charlie Feld, senior executive vice president, Applications Services, EDS. "Having the ability to test and validate such critical applications is vital to helping clients succeed in today's economy. This acquisition will help EDS expand our customer base by accelerating and uplifting our software testing capabilities, thereby giving us a significant competitive advantage in the deployment of enterprise applications platforms and services for our clients. It fits with EDS' 'zero defect' approach to applications development and deployment and complements existing on-site and off shore capabilities."
Source: EDS
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