Romesh Wadhwani

Romesh Wadhwani
Romesh T. Wadhwani
Born 1947/1948 (age 63–64)[1]
India
Residence Palo Alto, California
Citizenship United States
Education Indian Institute of Technology
Carnegie Mellon University
Occupation 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]

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