Reddy continues M&A strategy focused on digital transformation
Sonata Software of Mumbai-Bangalore, has signed definitive agreements to acquire Encore Software Services, a Silicon Valley-based IT services company providing user experience, data insights and real time collaboration services to clients in the Healthcare, Supply-chain and Logistics as well as ISV industries.
San Jose-headquartered Encore Software Services, incorporated in 1998 with development center in Chennai, has established itself as a provider of Cloud Application development services, Cloud Infrastructure, DevOps, Testing and Maintenance.
With this acquisition, Sonata further strengthens its geographical presence in the US, With a highly experienced leadership team based in the US, it adds significant capability to enhance Sonata’s Platformation™ led digital transformation strategy, by strengthening Microsoft-led Cloud transformation services and digital test automation services. It provides an entry into new verticals like health care and logistics, apart from reinforcing its ISV business and Microsoft-led cloud, Srikar Reddy, MD & CEO, Sonata Software said in a release on 28 July 2021 from Bangalore.
“This is a continuation of our M&A strategy focusing on strategic acquisitions aligned to our Platformation™ led digital transformation strategy, access to seasoned local leadership talent and entry into new industry verticals.
“We are excited to welcome the Encore team to the Sonata family and commit to the Encore clients, continued high level of service apart from the other capabilities Sonata brings to make the relationships broader and deeper,” he said. #investment #acquisition #technology /fiinews.com
