VARINDIA IT MAGAZINE

Founder of Iris Computers, Sanjiv Krishen has taken over the company from Dragon Singapore, a John Sculley company. Dragon Singapore had acquired controlling stake in Iris Computers through InflexionPoint.  Iris showed consistent business growth for more than 20 years reaching a turnover of Rs 2,600 crores. Requiring fresh investment for further expansion of the company Iris Computers tied up with Dragon, Singapore 4 years ago for additional limits. However in September last year Dragon closed down in Singapore unable to fulfil its further obligations. Sanjiv Krishen acquired the company from them for a few compelling reasons: 1. To ensure that the jobs of the company's employees - the Iris family - remained secure. 2. To maintain the continuous flow and running of the business between vendors and Iris resellers. 3. To reinfuse the original ‘Iris responsiveness’ and enthusiasm that the partners and customers missed. The original management team of Kamini Talwar, Som Arya...

BenQ has announced its tie-up with Iris computers as their National Distributor.  With the association, Iris Computers is entitled to distribute the entire range of projectors and monitors from BenQ India. Rajeev Singh, Managing Director, BenQ India, said, “Iris Computers has a wide knowledge, network and an in-depth understanding of both consumer and B2B technology market. We are confident that their rich background in the industry and an exceptional distribution reach will help us strengthen our goal of increased market penetration in the year 2015. We look forward for a mutually rewarding strategic relationship for both the companies.” Iris has more than 35 billing locations across countries which have full-fledged offices having sales, operations and finance team to support channel partners in fulfilling their customer’s orders. Today, its channel base consists of 2,500 channel partners, aggregators, regional distributors and large SI partners to whom they supply high-en...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   InflexionPoint Technologies and Iris Computers  have entered into a Share Purchase Agreement where InflexionPoint has acquired a stake in Iris.  This is the first investment by InflexionPoint which is in the process of aggregating IT Distribution companies in Asia. It recently announced a Share Purchase Agreement to acquire a majority share in a Singapore based IT Component Distributor, Dragon Technology Group.... See More