Rolta licenses CommandBridge portfolio
StockMarketWire, October 19, 2010
Rolta has licensed the complete portfolio of CommandBridge security technologies, including source code, design and software architecture, under an agreement with The Mariner Group.
This includes perpetual exclusive rights for worldwide markets, except for non-exclusive rights for North America and certain European countries.
Rolta chairman and CEO K.K. Singh said: “Rolta has been making significant investments in R&D and acquisition of world-class technologies to develop increasingly sophisticated defense, homeland and maritime security solutions.
“This strategic and comprehensive acquisition of technology will enable the company to rapidly build state-of-the-art solutions tailored to suit specific needs of various geographies, especially India, thereby positioning it strongly in the homeland and maritime security market, and to contribute to making our world more secure and safe.”