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Top Talent It R&D Team In Riga

Location  Latvia
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  2000
Number of Employees  35 - 49
Relocatable  No
Number of Employees  35 - 49
Real Estate  Leased
Description  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.
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