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Home Technology

Technology: SHI to fortify its global security with Locuz acquisition

Fiinews by Fiinews
May 22, 2024
in Technology
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Lee makes a strategic move and integrate 800+ experts from Hyderabad

Somerset’s SHI International Corp https://www.shi.com/ says its acquisition of Hyderabad-based Locuz Enterprise Solutions Limited will fortify its global security, data center and cloud practices.

This strategic move will enhance SHI’s managed services capabilities, including the addition of a fully managed Network Operations Center (NOC) and Security Operations Center (SOC), SHI said on 20 May 2024.

The acquisition is expected to close in the third quarter of 2024 and is subject to customary closing conditions.

The integration of Locuz’s 800+ skilled employees into SHI’s workforce will underscore SHI’s commitment to providing exceptional, advanced managed services to its global customers and will provide offshore capabilities. This acquisition is in line with the growing demand in the data center economy, offering customers improved operational management, hosting, and infrastructure services vital for the digital and AI-driven landscape’s expansion.

SHI’s acquisition of Locuz https://www.locuz.com/ is more than a strategic expansion; it is a direct investment in our customers’ success,” said Thai Lee, President and CEO of SHI.

“The addition of Locuz will be a key component of our mission to deliver comprehensive solutions https://www.bengalurutechsummit.com/ that address the complex needs of our customers globally. Customers can expect to benefit materially from our combined advanced service capabilities,” elaborated Lee.

“Locuz’s acquisition by SHI will mark an exciting new chapter for us,” said Uttam Majumdar, President of Locuz, and Vijay Wadhi, Managing Director of Locuz.

“Our established security, cloud, and high-performance computing practices https://www.digitalasiahub.org/ , combined with state-of-the-art delivery and innovation hubs, will translate into more robust and comprehensive offerings for SHI’s customers.”

SHI International Corp is a global leader in technology solutions, serving a diverse set of customers with software, hardware, and services that tackle their IT challenges. Based in Somerset, New Jersey, SHI provides tailored IT solutions to corporate, enterprise, public sector, and education clients. With a workforce exceeding 6,000 employees worldwide, SHI is dedicated to fostering long-term success for its customers.

Hyderabad’s Locuz specializes in digital transformation services with a strong security focus https://www.meity.gov.in/ . Their comprehensive offerings include CloudOps, SecOps, HPCOps, AIOps, and Insight as a Service. Locuz has been in business since 1999 and has over 800 employees throughout India. Additionally, affiliate company Cymune plays a pivotal role in providing a full suite of Managed Security Solutions and operates a 24/7 command centre to serve global customers. They pride themselves on continuously innovating, automating, and modernizing their customers’ environments. Fiinews.com

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