Turbolinux to Open an Affiliate in India.TOKYO -- In a strategic move designed to advance its position in the global market, Turbolinux, Inc., a worldwide leader of Linux-based solutions, today announced that it plans to establish its first Turbolinux Indian division in Gurgaon City, Haryana, India. Turbolinux India Private Limited (hereinafter called Turbolinux India) will be a joint venture between Turbolinux, Inc. and India Action Plan Company Limited (I.A.P.) Under the terms of the joint venture agreement, Turbolinux will retain a majority share with 55% of the new company, while I.A.P. holds 45%. Total initial capital is 27.2 million Rupees (approximately USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. $0.7 million). During the first year, Turbolinux India will comprise a staff of 15 employees. "India is becoming a worldwide center for software development and has a high level of understanding and acceptance of open source software technologies," said Koichi Yano, president and COO of Turbolinux, Inc. "With our decision to launch a Turbolinux branch in India, a strategic midpoint mid·point n. 1. Mathematics The point of a line segment or curvilinear arc that divides it into two parts of the same length. 2. A position midway between two extremes. in East Asia East Asia A region of Asia coextensive with the Far East. East Asian adj. & n. , we plan to leverage prevailing opportunities to expand the Linux platform throughout the entire region." With a middle-class population of more than 100 million and a total population of over one billion, the demographics alone point to a Linux marketplace with high growth potential. Furthermore, due to an expert workforce of English-speaking engineers in India, Turbolinux India will be positioned as a vital center for developing flexible, open source products and computing solutions for the global market. "India today This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. is well-established and recognized as the global IT hub. The emerging trends are towards R&D centric activities and practices being established here. We believe that OSS Oss (ôs), city (1994 pop. 62,141), North Brabant prov., S Netherlands; chartered 1399. It is a significant industrial center. Manufactures include meat products, chemicals, pharmaceuticals, electrical equipment, and metalware. without boundaries holds the key to power India to emerge as the next generation technology provider," said Vipul Kant Upadhyaya, group CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and director of I.A.P. Company Limited. "Our competencies in software design, development and system integration, coupled with Turbolinux's expertise in OSS, offer an unparalleled combination. I.A.P. is committed to providing R&D, technical development and support facilities for the global rollouts of Turbolinux products." Additionally, last year more than 100 Japanese companies This is a list of companies from Japan. Note that 株式会社 can be (and frequently is) read both kabushiki kaisha and kabushiki gaisha (with or without a hyphen). See that article for more details. visited India seeking diverse opportunities in India's burgeoning marketplace, which holds high potential for further business growth and investment. The subsequent entry of Japanese business entities into the Indian market will also engender robust growth opportunity for Turbolinux India, a subsidiary of Turbolinux, Inc., a Japanese corporation headquartered in Tokyo. The preliminary mission of Turbolinux India is to: --1) Establish Sales Centers throughout India; --2) Create a Support Center for global English-speaking customers; and --3) Launch a Development Center for products and solutions that benefit a global marketplace. --4) Support IT infrastructures of Japanese companies new to the Indian marketplace. Two years ago, Turbolinux began positioning itself for expansion in India, providing core operating systems Operating systems can be categorized by technology, ownership, licensing, working state, usage, and by many other characteristics. In practice, many of these groupings may overlap. and applications through hardware vendors and resale partners. Since October 2005, Turbolinux and I.A.P. have undertaken strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. efforts to launch Turbolinux India. I.A.P., a software leader with offices in Japan and India, is recognized for its pioneering embedded and enterprise solutions, and serves as a vital link for Japanese business interests in the Indian market. Together with I.A.P., Turbolinux plans to fulfill its mission to become the preeminent force in open source software solutions throughout the world. Turbolinux India is planning to launch operations in April of 2006. About Turbolinux, Inc. Turbolinux develops and sells the leading Linux distribution The Linux operating system packaged for customers for a fee. It includes the Linux kernel, essential operating system components from the GNU Project, an installation program, various open source utilities and applications, documentation and technical support. in Asia-Pacific. The operating system is optimized to run on a wide range of hardware platforms, including Intel-based servers and IBM mainframes. Turbolinux, with headquarters in Japan and offices worldwide, plays a major role in developing Linux systems for the Japanese market, including Japanese and Chinese language "double-byte" text support. More than half of Turbolinux's staff is dedicated to Linux engineering development and support, providing expert support and custom application development services that go beyond Japanese localization Customizing software and documentation for a particular country. It includes the translation of menus and messages into the native spoken language as well as changes in the user interface to accommodate different alphabets and culture. See internationalization and l10n. issues. Turbolinux works extensively with standards bodies and partners to ensure certification and software compatibility in all business environments. For more information, visit the corporate website at www.turbolinux.com. Turbolinux is a trademark of Turbolinux, Inc. Linux is a trademark of Linus Torvalds. All other product or service names are the property of their respective owners. About I.A.P. Company Limited (www.iap-online.com) IAP (Internet Access Provider) See ISP. IAP - Internet Access Provider Company Limited is a leading global provider of Information technology related services. The company's core business area covers IT and related support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services centered on the Japanese market. The company's systems software related services focus on web and embedded solutions, including voice and data, with ease of deployment and management. I.A.P retains a R&D division for ubiquitous and embedded technologies which strives to develop software solutions that improve control, dependability and management of embedded devices and ubiquitous technologies. |
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