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| MGRM, Bell ID form venture for smart cards |
| The Hindu |
21st July, 2009 |
KOLKATA |
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MGRM Net, a player in the e-governance technology segment,
has announced a joint venture with Bell ID, a technology-leader in card
application and management solutions. The joint venture is expected to
address the emerging opportunities in e-governance and identity
management. |
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MGRM Net, a player in the e-governance technology segment,
has announced a joint venture with Bell ID, a technology-leader in card
application and management solutions. The joint venture is expected to
address the emerging opportunities in e-governance and identity
management.
Both partners will equip the proposed 50-50 joint venture with their
product IPRs, applications and requisite skills to lead this emerging space.
According to MGRM founder KVR Murthy, while MGRM will offer research
based integrated e-governance platforms, the Netherlands based Bell ID
has experience in managing a portfolio of international customers in key
markets.
Bell ID Chairman Pat B Curran said the joint venture would explore smart
card related opportunities secured by biometric applications. Both partners
saw this venture as a significant investment initiative.
The joint venture would become operational in the next quarter as soon as
it completed the necessary formalities a source said. An operational team
is expected to step in as early as next month.
Bell ID, which has expertise in managing ID programme in diverse
geographies, offers government ID solutions including national ID card
schemes and e-passport solutions.
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