Tera Software Share price

The company was incorporated on 26th September 1994 as TeraSoftware Private Limited and was converted into a Public LimitedCompany and its name was changed to Tera Software Limited on15th December 1999. The Company''s main object was carrying onthe business of software development and related activities.The company was originally promoted by Mr C Prabhakar Rao Dr.M. Sri Rama Murthy and Mr. T. Gopi Chand. Subsequently both Mr.C. Prabhakar Rao and Dr. M. Sri Rama Murthy resigned from theBoard due to pre-occupation.PRESENT BUSINESS OF THE COMPANYThe Company is presently engaged in the execution of softwaresolutions through its 4 divisions viz Integrated SolutionsManpower Consultancy & Technical Services Software DevelopmentProduct Development Divisions in the areas of MultimediaStorage and Imaging Technology.The company is an authorised distributor/reseller/marketingagent for a number of reputed international companies vizGateway Malaysia Compaq Computers India Pvt Ltd. for its rangeof products Hewlett Packard Singapore Microboards USA forselling their products. The company has also tied up withReliance International Inc USA for marketing their products.The Company has entered into MOU with Suvaj-Soft Inc USA fordeveloping e-commerce applications and an arrangement withTransoft Technology Corporation USA for development of StorageArea Network and has successfully developed Storage AreaNetworks (SAN) Solution for Advanced Data Research InstituteDepartment of Space Government of India.The company has been associated with government departmentspublic and private sector companies in providing integratedsolutions and manpower consultancy.