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Digital
Services recently awarded the Forbes 'Best under a Billion'
(dollar revenues) award (2008, 2009, 2010-for three consecutive
years); and announced the signing of an agreement with Intel Capital
under which Intel Capital will invest in warrants to purchase Allied
Digital equity shares. The parties expect allotment of the warrants
to take place later this year following receipt of regulatory
approvals and satisfaction of other customary conditions.
“We
believe that enterprise remote infrastructure management segment is
positioned attractively for tremendous growth over the next several
years. Allied Digital is one of the technology leaders in this space
and this investment enables Intel Capital to further enhance the
technology adoption worldwide, in the enterprise space,” said
Sudheer Kuppam, MD, Intel Capital Asia Pacific. Commenting on the
development, Kevin Schatzle, President of Allied Digital in USA said,
“We are pleased by the fact that the strategic investment in Allied
Digital by Intel Capital validates our approach to remote
infrastructure management and cloud-based delivery of IT services,
leveraging Intel technologies. Allied Digital has significant
momentum and customer wins to support our belief that there is a
major migration from traditional capital intensive own-and-operate
models to cloud and operating expense or subscription-based delivery
of IT services. Our collaboration with and validation from Intel will
assist us in broader penetration into the global marketplace.”
Allied
Digital, through its subsidiary Allied Digital Services in USA has
been one of the forerunners in the use of Intel Core vPro processor
family into its wide-ranging customer solutions. Allied is currently
integrating Intel's latest generation of intelligent business
platforms to take advantage of the virtualization and automation
features of Intel vPro Processor technology, offering remote IT asset
management that minimizes desk-side visits while enhancing security
and customer productivity. Intel Core vPro processor technology will
enable remote configuration, diagnosis, isolation and repair of
infected PCs — even when those units are unresponsive, to help
customers control management costs, protect data, work more
efficiently. Commenting on the development, Nitin Shah, Chairman and
MD said, “The investment from Intel Capital is strategic in nature
and it opens a huge window of opportunity for Allied. We believe that
this association with Intel will catalyze our go-to-market strategy
in the infrastructure management services space as we will
collaborate with the wealth of resources from Intel in established
and emerging markets, to offer a highly sophisticated and improved
service offerings to our customers.