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Top Talent It R&D Team In Riga
Location: Latvia -> Riga
Industry: Technology – Internet Related > Other Technology – Internet Related

Business Summary

Top talent R&D team in Riga, Latvia looking for investor which considers opening office in Riga. Worked for 9 years, 4 of which for US startup, 5 years for big networking company from Silicon Valley which bought startup.
Due to optimization of expenses mother company opens office in India and closes several other offices. Team is specialized on Layer 7 networking. Skills: experts in C/C++; networking; development of systems on Windows, Linux, embedded and proprietary OS; multithreading; Q&A (including automation); debugging (GDB, low level, proprietary debugger). Will consider investor from any field (networking is preferred). Team consists of 35 persons: 20 programmers (including 4 managers, with good programming skills).
9 QA (including 2 managers, with good testing skills). 2 persons specialized in documenting and training. 1 site manager, 1 network admin, 1 accountant, 1 office assistant. Majority of team is highly educated, once top of the class students. Cost of this office is approx. twice lower than similar office in US or western/northern Europe. Team will be available starting approx. May 1, 2010.
Suitable office (with testlab) constructed less than a year ago is available for rent at competitive price as well.
More detailed info will be sent on request.


Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  No

About The Business

Year Established:  2000
Number of Employees:  35 - 49
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

Print Listing Id: 700118566
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