The Hindu : R & D centre for V9 Broadband

Online edition of India's National Newspaper
Tuesday, Apr 08, 2003

Business

Business

R & D centre for V9 Broadband

By Our Special Correspondent

BANGALORE APRIL 7. The Bangalore-based V9 Broadband Technologies Pvt. Ltd., founded last year to develop technologies and solutions for deploying next generation broadband networks, has announced a tie-up with IP Deliver Inc. of California. Under the contract, the Bangalore company will be establishing a R & D centre here with a branch in Tirupati for which the American company will be providing a research grant and also providing its expertise in product positioning and marketing in the U.S. The centre is expected to have a strength of about 25 professionals.

According to Prashanth Koorapati, founder and CEO of V9 Broadband Technologies, his company has already developed the prototypes for a subscriber-end box capable of handling rich media content over the next generation networks. The company will be spending around $3 million in the next six months on further product development and commercialisation.

Both companies expect a big market for the solutions initially among expatriate Indians eager to receive multimedia content from India. V9 is negotiating with Singtel/Starhub for deployment of the first phase of this network in Singapore. V9 also hopes to work with BSNL to deploy this technology throughout the rural hinterland in India.

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