Gemini Communication, one of India’s most innovative networking companies, has acquired a majority stake in privately held SANAT Technologies, a start up based in South India.

SANAT Technologies is a unified network solution provider. The company specializes in design and development of NAS & IP SAN storage appliances to cater to the data storage requirement of the SMB and mid-enterprise segment in India and across the world.

SANAT Technologies is one of the first Indian companies to indigenously design and develop advanced storage solution. SANAT has recently launched its 10Gig IP-SAN Storage Stack.

The company officials believe that the acquisition will strengthen Gemini’s focus on design, development & marketing of unique products solutions.

At 2:30 pm, the scrip of the company was trading at Rs 23, up 1.32% compared to its previous close.