NetSol Technologies

{{Short description|American software company}}

{{Infobox company

| name = NetSol Technologies Inc.

| logo = NetSol logo.svg

| type = Public

| traded_as = {{nasdaq|NTWK}}
{{karse|NETSOL}}

| industry = Software

| founded = {{start date and age|1997}}

| founder = Najeeb Ghauri
Salim Ghauri{{Cite web|url=https://www.thenews.com.pk/magazine/money-matters/77399-uncommon-success|title=Uncommon success|first=Magazine|last=Desk|website=The News International}}

| hq_location = Calabasas, California, U.S.

| products = Automobile leasing software

| assets =

| website = {{URL|netsoltech.com}}

}}

NetSol Technologies Inc. is an American software company which makes automobile leasing software.{{Cite web|url=https://tribune.com.pk/story/1030381/this-pakistani-bootstrapped-his-company-all-the-way-to-ipo|title=This Pakistani bootstrapped his company all the way to IPO|date=January 19, 2016|website=The Express Tribune}} It is based in Calabasas, California, United States.{{Cite web|url=https://profit.pakistantoday.com.pk/2020/12/20/netsol-signs-mystery-multi-million-dollar-agreement/|title=Netsol signs 'mystery' multi-million dollar agreement|first=Profit|last=Report|date=December 20, 2020|website=Profit by Pakistan Today}}

NetSol is listed on NASDAQ and its subsidiary NetSol Pakistan is listed on the Pakistan Stock Exchange.{{Cite web|url=https://profit.pakistantoday.com.pk/2018/12/03/netsol-stock-riding-high-after-key-wins-in-signing-new-clients/|title=NETSOL stock riding high after key wins in signing new clients|first=Taimoor|last=Hassan|date=December 3, 2018|website=Profit by Pakistan Today}} As of 2013, the company employed 1,100 people.{{Cite web|url=https://www.latimes.com/business/la-xpm-2013-oct-13-la-fi-himi-ghauri-20131013-story.html|title=How I Made It: Najeeb Ghauri, founder and CEO of NetSol Technologies|date=October 13, 2013|website=Los Angeles Times}}

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.{{Cite web|url=https://www.newsweek.com/promise-pakistan-106499|title=Promise in Pakistan|first=Ron|last=Moreau|date=March 26, 2006|website=Newsweek}}{{Cite web|url=http://www.cnn.com/2001/TECH/industry/10/09/pakistan.it.idg/index.html|title=CNN.com - Pakistan's IT industry hurt and helped by attacks - October 9, 2001|website=CNN}}

NetSol was listed on NASDAQ in 1999.{{Cite web|url=http://www.dawn.com/news/49424|title=Pakistan-based software firm to go public in US|date=July 25, 2002|website=DAWN.COM}} It is also listed on the Pakistan Stock Exchange.{{Cite web|url=https://tribune.com.pk/story/1030381/this-pakistani-bootstrapped-his-company-all-the-way-to-ipo/|title=This Pakistani bootstrapped his company all the way to IPO|date=January 19, 2016|website=The Express Tribune}}

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

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.

Products and services

  • NetSol LeaseSoft
  • NetSol Financial Suite

References