Mascon Global Ltd has signed an agreement with Swiss watch auctioneer Patrizzi & Co to develop an online auction platform. “The platform will be launched in October this year and will improve certain shortcomings frequently associated with online auctions and bidding during classic auction sales,” Sampath Rengachari, senior vice-president, Mascon Global Limited, said.

Patrizzi & Co’s innovative concepts combined with MGL’s proven technology services model would enable the Geneva-based auctioneer to build a state of the art auction system.

Speaking on the occasion, Mr Ajay Gupta, President of MGL Technology Solutions, said, “The company is excited to work with Patrizzi & Co on the development of this innovative platform.”

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Posted: 04|10|08 at 6:21 pm. Filed under: Asia.