The growing demand for surveillance products in the government sector
benefited Zicom, till it decided to sell off its institutional business to
Schneider Electric. Subsequently, Zicom shifted focus mid market and SOHO
companies. It activated 2,000 IT resellers including new regional distributors
like Shwetha Computers and Verde Systems. The profit from the Schneider sell off
was invested in renewable energy and servicing aeroplane parts. It continued to
sell home security equipment and provide technology to smaller offices through
its retail arm.
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FACTSHEET
l CEO: Santonu Choudhury l |