Disclosing this, Cabletron Systems president, CEO and chairman Piyush Patel, said: "We are looking at networking companies in the services and support segment. The company is also planning a similar strategy in China, Singapore and Japan."

The company is planning to make equity investments in start-up infotech firms as "we want to become a global technology powerhouse. We have earmarked a couple of million dollars for our India expansion plans", Patel said in a teleconference from the US. The company is extremely bullish on India and considers it as an area for maximum investments apart from China.