Partnership Agreement Details

The company has entered into a partnership with IBM through Quantum Networks, which is described as an Indian networking technology company and brand of Zen Exim. Quantum Networks specializes in providing intelligent, secure, and scalable networking solutions for enterprises and organizations.

Quantum Networks Business Description

Quantum Networks designs and manufactures networking products in India, including:

  • Wi-Fi access points
  • Network switches
  • Gateways
  • Cloud-managed networking solutions

The company also provides services for:

  • Centralized network management
  • Network monitoring
  • Access control
  • Identity management
  • Guest Wi-Fi services
  • Log management

Target Sectors and Applications

Quantum Networks' solutions are used across multiple sectors including:

  • Enterprises
  • Hospitality
  • Education
  • Healthcare
  • BFSI (Banking, Financial Services, and Insurance)
  • Manufacturing
  • ISPs (Internet Service Providers)
  • Public sector
  • Smart cities

The company helps organizations build, secure, monitor, and manage their wired and wireless network infrastructure using enterprise networking hardware and cloud-based management platforms.

Transaction Terms

The arrangement was entered into in the ordinary course of business and on an arm's length basis. The disclosure specifically states that there is no promoter/promoter group interest in Quantum Networks in relation to this arrangement.