Cambridge Technology Enterprises Ltd

Cambridge Technology Enterprises Limited was originally incorporated on 28 January, 1999 as 'Unique Solutions (India) Private Limited' at Hyderabad, Andhra Pradesh. The name of the Company was changed to 'Cell Exchange (India) Private Limited' on January 21, 2003 and subsequently to 'Cambridge Technology Enterprises Pvt Ltd' on 12 March, 2004 which was reverted back to its old name i.e. Cell Exchange (India) Private Limited on 22 July, 2004 and on 16 March, 2005 the name was changed to Cambridge Technology Enterprises Private Limited. Thereafter the status of the Company was converted into a Public Limited Company and the Registrar of Companies, Andhra Pradesh had issued a fresh Certificate of Incorporation on such conversion on March 31, 2006 reported as 'Cambridge Technology Enterprises Limited'.

The Company primarily operates in the software development. The Company is a global business & technology services company. The technology services help businesses to establish a critical foundation for digital and AI transformation through strategic workshops and assessments, ready-to-deploy solutions, R & D implementation cycles.

During the year 2009-10, 100% of the shareholding in CTE Global Solutions Private Limited (formerly known as ComCreation Technologies Private Limited) was sold off at book value / net asset value to Tejesh Kumar Kodali and MNA Infrastructure Private Limited after transferring all business contracts and delivery infrastructure to CTEL, Bangalore branch. The subsidiaries, Reilly and Associates Inc., ComCreation Inc., and Cell Exchange Inc., USA got merged with Cambridge Technology Enterprises Inc., USA. in 2011.

In July' 11, Company launched 'The University of Cloud (UoC)', in partnership with Q-Soft.

During year 2012-13, the Company made a petition with the High Court of Karnataka which envisaged merger between Company and its wholly owned subsidiary Cambridge Technology India Private Limited (CTIPL), Bangalore, effective from 1st