GBS Enterprises Incorporated (GBS), formerly SWAV Enterprises Ltd is the world�s supplier of applications for International Business Machines Corporation�s (IBM) Lotus Notes and Domino markets. The Company is focused on developing a portfolio of Cloud Computing software technologies and Application Services to address the needs of Independent Software Vendor (ISV�s), Data Center providers, as well as commercial and government organizations. The Company has four divisions: Communication Software & Solutions Division; Cloud Computing Division; Business Applications Division, and Consulting Services Division. On April 1, 2011, the Company acquired Pavone AG. On June 1, 2011, the Company acquired GroupWare, Inc. On July 25, 2011, the Company acquired IDC Global, Inc. On September 27, 2011, the Company acquired SD Holdings Ltd. On February 27, 2012, the Company acquired an additional common stock of GROUP to maintain its 50.1% ownership of GROUP.