Subash menon paletro
He started on his own in 1992, in systems integration in telecommunications, offering coverage solutions in test and measurements. Hence, he spent the first six years of his working life in two small firms where he knew he would get the kind of all-round experience needed to independently run a business. Yet, somehow from his student days at the Regional Engineering College in Durgapur, West Bengal, he knew he would get to have his own business. Not to speak of the higher risks that a product company, as opposed to a service company, has to face, his family background prepared him not one bit for entrepreneurship. Menon was not, however, born with a silver spoon in his mouth. Ask who are the glamour boys of software "" Microsoft and SAP, or Accenture and EDS "" and you will know why the product people go about as if they were born with a halo over their heads. And products, in which you own the intellectual property rights to something novel or unique, is where the lion's share of innovation lies. But there is a key difference "" it is a product company as opposed to Indian software being a predominantly services game. Subex is puny (Rs 181 crore, or around $40 million in 2005-06 topline) compared to the billion dollar-plus Indian software leaders.
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A little over a month ago, Subex Systems, the company he founded and heads, made the largest acquisition by any Indian software company, paying $140 million for the UK-based competitor Azure, which had earlier been hived off from British Telecom. It's just a $40 million company, but it has made the largest acquisition by any Indian software company.