Asia Express - Computing
Inventec to Form JV with Indian Company
December 29, 2005
Taiwanese Inventec has decided to team up with an Indian company, whose name has not yet been determined. The two companies will establish a joint venture with combined capital of US$7.5 million, 40% of which will come from Invetec, while 60% from the Indian company. Inventec, the first Taiwanese maker into the Indian server market, expects the new venture to boost its global server business, which accounts for 20% to 30% of its revenue.