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Saturday, January 29, 2011

Allied Digital to form Joint Venture with e-Cop


Allied Digital Services is in the process of inking a JV with e-Cop, a Singapore-based global provider of managed security services. The JV is likely to be announced later this month and Allied is likely to hold a majority stake in it.

With the JV, Allied and e-Cop will set up six Security Operations Centers (SOCs) in US, India, Singapore, Malaysia, China and Thailand.   

A highly-placed source at Allied said that the company has had a long-standing partnership with e-Cop since 2007 and the JV will take the partnership to a new level.

"We already work with e-Cop to deliver services in India and the US. The JV will help us to expand to 20 countries. The focus of the new company will be to develop managed services around GRC (Governance, Risk and Compliance) for standards such as PCI, Sarbanes Oxley, and Basel II, among others. This is a fast growing segment with very few players," said the source.

In addition the source said that the JV will allow Allied and e-Cop to form a global threat intelligence network with six SOCs. The multi-regional threat intelligence network will provide threat notifications and associated advisory services based on data collated across these SOCs.

The JV will also sell branded and white-label services through strategic partners and will formalize the partner strategy once the company is formally launched.

Recently Intel Capital had announced an investment of Rs 32 crore in Allied Digital as a part of its global strategy to promote vPro technology. As per the agreement, Allied, through its US subsidiary will integrate Intel’s vPro processor technology with its remote infrastructure management offerings

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