3i Infotech picks up 26% stake in Locuz

Locuz is a specialist in IT infrastructure solutions and services such as high performance computing, tiered storage, information security and IP convergence.

"We have identified IT infrastructure management and system integration as a key growth driver and this acquisition will enable us to be a larger player in the IT outsourcing market," said Anirudh Prabhakaran, executive director and President, South Asia, 3i Infotech.