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Symphony Teleca to acquire Aditi Technologies

| | Apr 11, 2014, at 06:15 am
Bangalore, Apr 10 (IBNS): Symphony Teleca Corporation (STC) on Thursday announced it has entered into an agreement to acquire Aditi Technologies (Aditi).

A global leader in providing software product development, STC aims to utilize its collaboration with Aditi, a ‘Cloud First’ Technology Services Company, to drive client’s revenue growth by being able to uniquely deliver Systems of Engagement (SoE) , which are modern applications that businesses use to engage with their customers by utilizing the convergence of cloud, mobile and analytics.

With a combined team of 7500 employees spread across a network of 40 global offices with innovation hubs in North and South America, Europe and Asia, the company will have unprecedented capabilities in delivering SoE based on analytics-powered modern apps and smart mobile devices. 

Aditi will function as a strategic growth lever for STC, complementing STC’s engineering, mobile and analytics capabilities.

“Symphony Teleca and Aditi are both leaders in innovation and I welcome Aditi to the Symphony Teleca team,” said Romesh Wadhwani, chairman of SymphonyTeleca Corporation and founder, chairman and CEO of Symphony Technology Group. 

“We take pride in our commitment to help our customers realize the huge potential that cloud, mobile and analytics present. This acquisition is further evidence of our commitment and the combined team is the clear global leader in delivering product and solution development services that drive innovation-led growth for our clients," Wadhwani said.

Commenting on the transaction, Brett Brinton, president and CEO of Zonar Systems, a customer of Aditi’s, said, “At Zonar, staying out in front as an enterprise SaaS provider is a constant battle. Not only do you need to own the cloud with big data and analytics, but even more challenging is leveraging a complementary cutting edge mobile strategy. Aditi and Symphony Teleca bring together deep competency around these three strategic levers. For us, this is a dream come true.”

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