Embedded Electronics Design Company For JV For Sale

Business description

Ex design center for Microchip Technology Inc and currently Atmel AVR Design Consultant. 12Years embedded electronics hardware, firmware and software experience in Bangalore, India. Original equipment designers for automotive, security, industrial and consumer products. Looking for a investor who has a marketing background to take our products into local and export markets. Investment needed for business development, marketing and product development. All products design, prototyping, testing, debug and troubleshooting done in house. Manufacturing is outsourced. Currently have two great products for the manufacturing industry and have two more in development. Total products developed since 1994 is over Five Hundred.

Property information

Real Estate:

Lease

Lease terms:

Rented property.

Location:

Located in Bangalore. Running office with experienced staff who have been with us for over 8 years. Well maintained documentation, accounting and stock practices. Great engineering team with BTech, MS and Mtech staff. Extensive network of consultants for most embedded electronics requirements.

Other information

Expansion potential:

We have a great product range for Production Information Systems implemented and running in India in many factories providing real time information on productivity and quality. We have designed Automotive Electronics, Industrial controllers and Consumer electronics. We are currently also working on Hybrid Wind + PV power sources with MPPT and instrumentation.

Competition / Market:

First to start in India as a Design House in 1995 for Microchip Technology Inc, USA. Many firsts in development of products for the India and SAARC markets. Most competition have our ex-staff or clients. Well reconginzed and reputed in the local industry. Some clients include Toyota, Telco, Huf etc.

Support & training:

We need a technically savvy investor who is not scared to enter new markets. We will work closely to foster a healthy and high growth business for the world market.

Reasons for selling:

Need to expand business.

Trading hours:

9:30AM to 6:00PM

Furniture / Fixtures value:

$71,428

Inventory / Stock value:

$23,809

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