This company is a joint venture with Estarta Solutions Inc.,
of Boston, Massachusetts. Estarta is an International software solutions provider
with offices in Boston, and San-José, California. The company has software
development centers in Beijing, China, and Amman, Jordan.
company was founded in 1997 by a group of Middle Eastern and North American investors
that includes Citigroup, Advent International, Foursan, and others. It has annul
revenues of USD $ 35 million.
The founding partners included MIT alumni
with a vision to revolutionize the wireless and internet software development
In May 2002, Estarta acquired another leading Middle Eastern
software developer, and received a USD $ 2 million investment from Microsoft Corp.
is changing the way software companies bring products to market through it's leadership
in the software creation services market. Estarta defines and builds the new products
of the digital economy. This is done with a combination of local collaborative
workshops and development centers.
This revolutionary business model for
defining and building wireless and internet software products has allowed us to
attract Fortune 1000 clients, with annual revenue growth of over 400%. Most recently,
Estarta was awarded the New England Fast 50 Rising Star Award, and mentioned in
a J.P. Morgan Chase report on the wireless services sector.
Estarta combines the best practices of Internet services,
software engineering, and global manufacturing to be the premier brand for defining,
designing, developing, and deploying software products. We quickly take our clients
from concept to successful launch of their product.
The recent downturn
in the high-tech. and telecom sectors worked to the benefit of Estarta. The company's
unique concept and structure, low cost base, and highly qualified teams on three
continents allowed it to benefit from the situation, by offering the highest quality
products and services to clients at a lower cost base than North American or European
Currently companies are looking to lower their overheads,
and subcontract many of their internal development and support work. Estarta is
well positioned to benefit from this new trend.
continually attracts and retains world class people and leadership who bring best
practices from organizations such as Intel, Lotus, Microsoft, Motorola, Qualcomm,
Razorfish, Sapient, Toyota, and SAS Institute.
estarta employs 230 people.
Clients: estarta clients include:
(wireless software and applications).
- Xypnos (embedded Linux appliances).
Thomson Financial ( trade matching and settlement products).
and UltiWAP (voice and fax over Internet Protocol products with WAP functionality).
The Canadian Venture, and International expansion plans:
Canada will be the launching vehicle for an international expansion, which will
include besides opening offices in key Canadian markets, opening offices in Europe,
and expanding the group's base in the Middle East were it can cater to a wide
range of local clients. It will also include the possibility of establishing new
development centers in Latin America to cater to the Spanish speaking markets,
and be in the same time zone with North American clients.
venture was established with the direct participation of the SGI Group.