Rosser says Saksoft partnership is to increase client exposure and access to new geographies
Saksoft Limited announced that its wholly owned subsidiaries from Chennai, have completed the acquisition of New York-headquartered Solveda Group, a software design and development company with niche expertise in cutting edge E- commerce applications catering to B2B and B2C customers through centres in London, Gurgaon and Noida.
Speaking on this acquisition on 14 Aug, Aditya Krishna, Chairman & Managing Director, Saksoft, said, “This acquisition reinforces our continued focus on our ‘Inch-wide Mile-Deep strategy’ of competing in market niches where we have competitive advantage.
“Solveda’s deep expertise in E-commerce applications will help us open and leverage another market niche which is attracting significant technology spend across the globe.”
Nick Rosser, CEO – Solveda LLC, said, “With increased client exposure and access to new geographies, our partnership with Saksoft will help fuel the next stage of our evolution into a global full-service eCommerce solution provider.
“We are delighted to be able to do this whilst preserving Solveda’s independent culture and our shared commitment to excellence will drive even more meaningful results for our clients.”
Solveda offers complete project delivery of E-commerce applications by utilizing pre-built artefacts and accelerators thus reducing time to market and costs for customers. With a worldwide workforce of 200 people Solveda has enterprise customers globally, serving customers in the US, APAC and EMEA regions.
Saksoft Group specialises in Enterprise Applications, Augmented Analytics, Intelligent Automation and Enterprise Cloud. The group has 16 offices across USA, Europe and Asia employing over 2,000 employees. Fiinews.com
