Netmagic Solutions, an NTT Communications Group Company and India's largest pure-play Managed IT Hosting Services Provider today announced that it has signed a 5 year strategic outsourcing partnership with Ratnakar Bank.

NTT Communications Corporation (NTT Com) and Netmagic Solutions Private Limited (Netmagic Solutions) jointly announced today that NTT Com will acquire 74% of Netmagic Solutions, a leading provider of datacenter services in India.

Brings to Enterprises in Delhi NCR, True Carrier-Neutral facilities and 24x7 Managed Hosting Services. With its highly acclaimed Customer Service, IT expertise and fully Opex Pay-per-Use Model