NetSol Launches Cloud Infrastructure Division

Calabasas-based NetSol Technologies has created a new division to tackle the cloud computing market, the firm announced this morning. NetSol said that its new division, NetSolCloudVM, will offer infrastructure-as-a-service (IaaS) products to the North American market. The company said that the division will offer clients IT infrastructure on a monthly, tiered subscription. The firm did not detail what kind of infrastructure it will use for the new offering, but did say it looks to provide "private cloud performance at an elastic cloud price". The new division will be headed by Imran Haider.