- Romesh Wadhwani
-
Romesh T. Wadhwani Born 1947/1948 (age 63–64)[1]
IndiaResidence Palo Alto, California Citizenship United States Education Indian Institute of Technology
Carnegie Mellon UniversityOccupation founder and chairman of Symphony Technology Group Net worth US $ 1.4 billion (est.)
(February 2010)[1]Spouse Married, 1 child Romesh T. Wadhwani[1] is the founder and chairman of Symphony Technology Group, a private equity firm investing in software and software services companies.[2] As of April 27, 2010, the Symphony Technology Group’s portfolio companies include: Capco; SymphonyIRI Group (formerly Information Resources, Inc.), Inc.; MSC Software; Symphony Services;[3] Teleca; Netik; Lawson Software; and Aldata. Combined, these companies have over $2 billion in revenue and 15,000 employees worldwide. STG sold Symphony Marketing Solutions (SMS) to Genpact (NYSE: G) on Feb. 3, 2010.[4]
In 1991, Wadhwani founded B2B software firm Aspect Development, maker of software that helps clients track internal spending, inventory and buying habits.[5] Wadhwani also served as chairman and chief executive officer of this business-to-business e-commerce company.[6] Wadhwani sold Aspect to Sanjiv Sidhu's i2 Technologies for $9.3 billion, the largest merger in software history. From June 2000, when the merger occurred, until September 2002, Wadhwani served as vice chairman and a director of i2.[7]
In addition, Wadhwani was chairman and CEO of Cimflex Teknowledge Corporation, a company specializing in products and systems for computer-integrated manufacturing. From 1973 to 1981, he was the Chief Executive Officer of Compuguard Corporation.[8]
Wadhwani has a Bachelor's degree in Electrical Engineering from the Indian Institute of Technology in Bombay. He moved to United States in 1969,[1] where he earned an M.S. and Ph.D. in Electrical Engineering from Carnegie-Mellon University in Pittsburgh, Pennsylvania.[6]
References
- ^ a b c d "The World's Billionaires: #721 Romesh T. Wadhwani". Forbes. March 3, 2010. http://www.forbes.com/lists/2010/10/billionaires-2010_Romesh-T-Wadhwani_GM2F.html.
- ^ "Dr. Romesh Wadhwani". http://symphonytg.com/#person.1.
- ^ "Symphony Services". http://www.symphonysv.com.
- ^ "Private Equity Firm’s Portfolio Seeing Strong Demand for Services, Data Intelligence and Predictive Analytics Services" (Press release). http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&newsId=20100427005276&newsLang=en.
- ^ "Romesh Wadhwani & family on Forbes 400" (Press release). http://www.forbes.com/finance/lists/54/2000/LIR.jhtml?passListId=54&passYear=2000&passListType=Person&uniqueId=GM2F&datatype=Person.
- ^ a b "Romesh Wadhwani Profile" (Press release). http://people.forbes.com/profile/romesh-wadhwani/48675.
- ^ Information Resources, Inc. Management
- ^ Business Week, Symphony Service Corp.
Categories:- American computer businesspeople
- American billionaires
- Indian businesspeople
- Indian Institute of Technology Bombay alumni
- Carnegie Mellon University alumni
- Living people
- 1940s births
- Indian business biography stubs
Wikimedia Foundation. 2010.