Vijay Eswaran -Executive Chairman – Qi Group|LinkedIn     

Vijay Eswaran is the Founder and Chairman of the Executive Committee of Qi Group, global market research and consulting firm. Previously, he was the Chief Executive Officer of Videocon, a media and entertainment technology company.

He is a co-founder of the Ingress Software company and served as the company’s Chief Technology Officer.

Vijay Eswaran is also a member of the Company’s Executive Committee. As of December 2018, Vijay Eswaran is the largest shareholder in Qi.

Get connected with Vijay Eswaran on cunchbase.com

What makes Qi Group unique?

One of the unique aspects of Qi Group is its approach to mergers and acquisitions. While many mergers and acquisitions are based on price and quantity, the company has chosen to stand against such practices by making a counter-offer. This approach is known as a counter-offer.

This is because a company facing a sudden capital shortfall will have no option but to negotiate an attractive counter-offer with the other party to avoid engaging in price-fixing.

Cisco’s counter-offer was attractive not only on paper but also in practice:

The company promised to pay $300 million to the advisor for his help in a money-saving measure.

The company pledged to keep the advisor’s fees low, meaning that the company could pay the advisor’s obligations through lower-cost means.

The company promised not to pay any special prices for the advisor’s work.

Plans for Qi Group

In addition to its unique approach to mergers and acquisitions, Qi Group has also developed an impressive track record of success through acquisitions.

In addition to these acquisitions, the company has also made large-scale investments in various strategic assets, including a 66% stake in venture capital firm Yucaipa.

Conclusion

In a nutshell, the history of Qi Group shows that the company was first and foremost a technology company with a strong focus on virtual reality. The growth of the business was based on networks, sensors, and the Internet of Things. The company also became closely linked with the emerging field of artificial intelligence.

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