Kovair Software Joins Forces With CSI of Australia
Posted On:leverage the strengths, products and workforces of the combined CSI and Kovair entities.
"This has been in the making for over 2 years and both CSI and Kovair have enjoyed a great partnership bringing ALM and ITSM to CSI's Australian clients," said Mr. Poh Cheung, COO of CSI, adding, "This seemed to be the natural next step for CSI and I'm glad we have come together to make this happen."
"We have been watching the steady growth CSI has had in the Australian market, and now with the combined backing of our US and India operations, CSI and Kovair can grow from strength to strength," said Bipin Shah, CEO and Chairman of Kovair Software, Inc. "I have also enjoyed the hospitality of the Victorian Government, and am pleased to contribute in some small way to the expansion of the bridge between our economies," further announced Mr. Shah.
Kovair Pty Ltd, doing business as CSI in Australia, will now have a workforce in Australia, US and India. It is envisaged that CSI will continue to grow at a rate of over 15% over the next 2 years.
"We have had a number of investors and business
partners approach us in the recent past but Kovair has stood head and
shoulders above the rest with their unique offering in the ALM and ITSM
space," said Mr. Cheung. "A CRM company was a great fit given the
integrations we presently provide within our ALM and ITSM solution
suites," added Mr. Shah. "This acquisition is the best outcome and
guarantees further growth for CSI and Kovair," declared a happy Dr.
Richard Satur, MD of Kovair Pty Ltd, adding, "Our clients will benefit,
the Australian economy will benefit and our current and future
said Mr. Cheung. "A CRM company was a great fit given the
integrations we presently provide within our ALM and ITSM solution
suites," added Mr. Shah. "This acquisition is the best outcome and
guarantees further growth for CSI and Kovair," declared a happy Dr.
Richard Satur, MD of Kovair Pty Ltd, adding, "Our clients will benefit,
the Australian economy will benefit and our current and future
shareholders will benefit from this strategic acquisition."
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