NIIT Technologies acquired 51 percent stake in Incessant Technologies for USD 17 million

New Delhi, India, May 5 2015: NIIT announced its foray into Digital Integration by signing a definitive agreement with a global BPM specialist, Incessant Technologies to acquire a 51% stake. Incessant is sharply focused in enabling its clients to automate and integrate back end systems with a digital front end and currently has 300+ Consultants who are certified practitioners. They have strong relationships with 20+ clients, and strong alliance partnerships with leading platform providers like Pegasystems and Appian. “Incessant provides us with the capability to be a significant player in the Digital Integration space with Digitization and Automation of business processes for seamless customer experience”, said Sudhir Chaturvedi, COO, NIIT Technologies. Incessant is a fast growing Company with FY’14 revenue of USD 13.9Mn, estimated to report revenue of USD 17Mn for FY’15. The entity is expected to be margin and EPS accretive in FY ’16 for NIIT Technologies.

© Technuter.com News Service

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