BANGALORE, INDIA - Ruwel GmbH of Geldern, Germany has announced that it has purchased an over 80% share in Naavinya CAD Soft Ltd. (NCS) located in Bangalore, India. The companies have also agreed on a buyer's option on the remaining 20%.

The company has stated that qualified engineers are currently in short supply in the rural areas of Germany, and the company decided to outsource additional need for job scheduling through a partnership in India. The company reports that the Indian engineers have more than two years experience in circuit board layout and design, and that the engineers will receive an additional three months training at Ruwel GmbH.

The company also reports plans to further expand its activities in Bangalore.
Submit to FacebookSubmit to Google PlusSubmit to TwitterSubmit to LinkedInPrint Article