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Patni, JR Kyushu form JV in Japan

Posted: 11 Jun 2010     Print Version  Bookmark and Share

Keywords:Patni JR Kyushu JV  Japanese railroad  engineering 

Patni Computer Systems Ltd. (Patni) has signed a joint venture (JV) pact with Kyushu Railway Company (JR Kyushu), a railroad company in Japan. The JV is aimed at providing high quality, cost effective IT and product engineering services to the Japanese enterprise market.

The pact between JR Kyushu System Solutions Inc.(JRQSS), the IT systems arm of Japan's Kyushu Railway Company and Patni Computer Systems Japan, Inc. (Patni Japan), will be named as 'JR Kyushu Patni Systems, Inc.' It is a 51:49 partnership between JRQSS and Patni Japan respectively. The company will have a capital of Rs.5.05 crore (100 million yen).

Patni's vast experience of servicing JR Kyushu Group companies combined with its global offshore delivery capabilities will allow the new company to respond effectively to the unique needs of Japanese customers. It will also expand into other Asian markets in the future.

Commenting on the joint venture, Koji Karaike, CEO, JR Kyushu said, "JR Kyushu is committed to its theme of 'Growth and Evolution'. By combining Patni's high-end technical and sales capability with our domestic expertise, we will be able to offer quality IT services to customers other than the JR Kyushu Group. We are very pleased to take the first step of growth in this new area."

Jeya Kumar, CEO, Patni said "Patni has been a pioneer in the Japanese market with vast experience spanning over 15 years. Going forward, this JV will take us into our next phase of growth and we're glad to have found a strong partner in JR Kyushu. Patni's rich global experience in product engineering services coupled with JR Kyushu's vast influence in the Japanese market will ensure that we're able to exponentially grow our business here."

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