The
business had revenue of about $1 billion in 2014.
The company said it planned to use any net proceeds from a
potential transaction for general corporate purposes, including
investing in its core businesses, repaying debt and accelerating
share buybacks.
(Reporting by Supantha Mukherjee in Bengaluru; Editing by Ted
Kerr)
[© 2015 Thomson Reuters. All rights
reserved.] Copyright 2015 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
![](column_spacer.png) |