i dont know whether to celebrate or weep.
here's india's ONLY genuinely world-class software products company, and it's being bought out. sigh!
what made i-flex successful where no other indian company has been able to replicate its success?
i think the answer is 'channels' and 'reach'. marketing, in other words. citigroup was an excellent channel for it to get to market. most indian firms fail (at least in the IT product sector) in marketing. they are technically skilled aplenty, can't market or sell well in the global market.