NetSol Technologies
TypePublic
Nasdaq: NTWK
PSX: NETSOL
IndustrySoftware
Founded1997 (1997)
FounderNajeeb Ghauri
Salim Ghauri[1]
HeadquartersCalabasas, California, United States
ProductsAutomobile leasing software
Websitenetsoltech.com

NetSol Technologies is an American software company which makes automobile leasing software.[2] It is based in Calabasas, California, United States.[3]

NetSol is listed on NASDAQ and its subsidiary NetSol Pakistan is listed on the Pakistan Stock Exchange.[4] As of 2013, the company employed 1,100 people.[5]

History

NetSol Technologies was founded as Network Solutions in 1996 by Najeeb Ghauri, a Pakistani-born American executive with a background in corporate sector, and Salim Ghauri who worked as an IT consultant in Australia.[5][6][7]

NetSol was listed on NASDAQ in 1999.[8] It is also listed on the Pakistan Stock Exchange.[9]

In 2004, NetSol opened its Pakistani subsidiary which is based in Lahore.[5] Most of NetSol employees are from Pakistan.[5]

As of 2006, DaimlerChrysler implemented LeaseSoft in its auto-leasing and financing operations across eight Asian countries, while Toyota utilized the software in Thailand and China.[6]

Products and services

  • NetSol LeaseSoft[6]
  • NetSol Financial Suite[1]

References

  1. 1 2 Desk, Magazine. "Uncommon success". The News International.
  2. ↑ "This Pakistani bootstrapped his company all the way to IPO". The Express Tribune. January 19, 2016.
  3. ↑ Report, Profit (December 20, 2020). "Netsol signs 'mystery' multi-million dollar agreement". Profit by Pakistan Today.
  4. ↑ Hassan, Taimoor (December 3, 2018). "NETSOL stock riding high after key wins in signing new clients". Profit by Pakistan Today.
  5. 1 2 3 4 "How I Made It: Najeeb Ghauri, founder and CEO of NetSol Technologies". Los Angeles Times. October 13, 2013.
  6. 1 2 3 Moreau, Ron (March 26, 2006). "Promise in Pakistan". Newsweek.
  7. ↑ "CNN.com - Pakistan's IT industry hurt and helped by attacks - October 9, 2001". CNN.
  8. ↑ "Pakistan-based software firm to go public in US". DAWN.COM. July 25, 2002.
  9. ↑ "This Pakistani bootstrapped his company all the way to IPO". The Express Tribune. January 19, 2016.
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