Worldlink Technologies, one of Nepal's leading software solutions providers, established in 2001, has been acquired by an Atlanta based technology services and financial solutions organisation, Software Paradigms International Group (SPI). The company boasts global locations across Europe, Asia, North America, and Australia�now set to include Nepal.

"SPI has experienced tremendous growth in the past several years. It grew by 66 per cent last year," says Sid Mookerji (top, right), CEO of SPI. "In order to sustain our growth, we have been looking out for highly talented human resource." After a six-month venture with Worldlink Technologies, SPI was impressed by the quality of Worldlink products that they felt inclined to induct.

Worldlink Technologies will now be known as SPI Nepal. In addition to serving its existing Nepal-based customers in government, banking and other sectors, SPI Nepal will be SPI's third ODC, serving its customers worldwide. SPI Nepal will work hand in hand with the international company to develop and manage applications and systems, and provide IT solutions and consultations.

"This is a win-win situation for both the companies," says Yajurendra Shrestha (top, left), CEO of WorldLink Technologies. "While this gives our products an access to a worldwide market and the valuable brand name of SPI, SPI gains in terms of a new talented team at a relatively less development cost."

SPI will develop the infrastructure of its new investment by enhancing its power supply. The company will also conduct intensive trainings for its Nepal-based human resource, with an aim to increase the workforce of SPI Nepal from the present 100 to 500 in the next two years. SPI has earned key industry certifications including SEI CMMi Level 5, Six Sigma and ISO 9001:2000, and plans for SPI Nepal to be the first company to gain SEI CMMi Level 5 certification.

"This acquisition puts Nepal on the outsourcing map," explains Mookerji. "Hopefully, other companies will see this as a stepping stone and Nepal can tap into its potential to develop as an IT hub."