DLG takes over Kochi-based CS3

KOCHI, INDIA: California-based IT major Digital Liberty Group (DLG) has announced it taking over 55 percent stakes in the Kochi-based IT company, Comprehensive Software Solutions and Services (CS3).

California-headquartered DLG is one of the fastest growing corporate houses and the second largest player in the software quality assurance business in the US.

The company has diversified business interests across the globe and operates in the fields of IT, real estate, hospitality, global investments and genetic engineering.

CS3 is an enterprise software solutions provider to competitive business markets across diverse industrial sectors.

Founded in 2002 in Kochi, Kerala, CS3 has been instrumental in providing high-end software solutions to leading utilities and vertical markets.

The company has now 270 plus man years of combined experience in key functional areas and has a dedicated team of 100 plus professionals.

Announcing the takeover, O.K. Sanjit, group chairman, DLG said; “We have been pursuing global investment opportunities, especially in the emerging markets and committed to maintain our active presence in the most happening markets such as India, China, Japan and GCC countries apart from the US. We are strengthening our presence in the Indian IT space with this takeover that would be followed by many more in the coming months.”

B. Vinoj, managing director, CS3 said; “This is an opportunity for CS3 and its customers to gain access to global quality software solutions and services. This will also provide CS3 workforce opportunity to be part of global software initiatives, including prospect to work on live onsite projects.”

Both DLG and CS3 are working towards consolidating the merger process and once it is through, CS3 will go in for a re-branding exercise targeted towards positing it as a DLG group company.

CS3 will also undergo a HR revamp by adding another 150 top quality IT professionals capable of serving the global clients.

DLG is also planning to enhance CS3 presence in the Indian IT space, by extending solutions and services across India.

The new entity will be working towards achieving CMM certification at the earliest.

Source: India PRwire