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Follow UsBANGALORE,INDIA: Aricent, a technology and outsourcing company with exclusive focus on the communications industry, today named ex-Wipro veteran Sudip Nandy as chief executive officer.
Nandy will also be appointed to the Board of Directors upon his arrival in October, said a press release. Aricent’s former CEO Ash Bhardwaj has resigned to pursue other interests.
"Aricent’s recent business performance is a clear indication that the company’s unique combination of global innovation, technology and outsourcing is highly aligned with the needs of equipment manufacturers and service providers worldwide,” said James H. Greene, member of Kohlberg Kravis Roberts & Co, an investor in Aricent.
"We needed a proven global leader to ensure we maximize the tremendous market opportunity in front of Aricent. Sudip’s rich track record and deep domain expertise in the communications and outsourcing industry make him a perfect fit, and we’re excited to have him join the Aricent team," he added.
Previously, Nandy was the president of the technology media and telecom business unit at Wipro, overseeing more than 18,000 people and a revenue run rate of US $1.3 billion per annum. He successfully completed nine mergers and acquisitions and two JV transactions in a two-year period, the release said.
Before returning to India in mid 2004 Nandy also headed the European sales and operations of Wipro based in London.
He worked in Silicon Valley for the better part of the 1990s, first heading the R and D services and technology business of Wipro in the US, and subsequently as the vice president of product development and marketing at a Silicon Valley start-up, which was acquired by Wipro.
“There is a fundamental shift happening in the communications industry as equipment manufacturers and service providers look for more innovation and deeper domain expertise from their strategic suppliers,” said Sudip Nandy. “Aricent is very well positioned for this transition, and to capitalize on a market worth tens of billions of dollars.”