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Aricent group, a telecommunications research and development firm, has sold a prime plot of land in Gurgaon to local real estate firm, Ambience Developers, for Rs 206 crore. Ambience pipped DLF , Shapoorji Pallonji and AlphaG Corp to buy the 17.63 acre land on the Old Gurgaon Highway. Private equity firms Kohlberg Kravis Roberts & Co, Sequoia Capital and others are investors in Aricent, which was created in 2006 when the former Hughes Software Systems/Flextronics Software Division was combined with frog design
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