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Market: Perficient to expand presence in India

Fiinews by Fiinews
October 13, 2022
in Markets
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An offshore software development location planned for Chennai

Perficient, Inc. (Nasdaq: PRFT) of Saint Louis says it will expand presence in India, adding an offshore software development location in Chennai following the acquisition of Schaumburg, Illinois-headquartered Ameex Technologies Corporation.

“We’re thrilled to continue to strengthen our global delivery capacity, enhance our digital capabilities and expand further within India with the strategic acquisition of Ameex Technologies,” said Chairman and CEO Jeff Davis.

“More than 400 skilled global professionals are joining Perficient and bringing their award-winning agile software development, testing and support experience capabilities to the team.”

The acquisition of Ameex:

Strengthens Perficient’s global delivery capabilities and capacity with enhanced agile software design, development, testing and support for customers, reducing costs and accelerating innovation;

Broadens Perficient’s commerce and content solution offerings and expertise with CX consulting, experience design, data and analytics, automation, and digital technology engineering and development services;

Bolsters Perficient’s comprehensive partner network, bringing strong relationships with key technology innovators including Acquia, Adobe, Sitecore, Optimizely, Microsoft, Salesforce and Snowflake;

Adds more than 400 skilled global professionals; and

Brings strategic client relationships with Fortune 1000 customers across several industries, including banking and financial services, healthcare and life sciences, consumer packaged goods and retail, education, and manufacturing sectors.

Ameex CEO and Cofounder Damodaran (Dan) Venkatesan and CTO and Co-founder Ranga Srinivasan join Perficient in key leadership roles.

“Perficient is well known for its world class end-to-end digital consulting capabilities and unmatched global delivery,” said Venkatesan.

“We’re excited to join forces to not only deepen our digital experience and expertise, but also to help our clients deliver personalized and meaningful customer experiences and drive growth.”

“Ameex is renowned for its customer-centric culture and our reputation for enabling enterprises to digitally mature with innovative solutions and services,” Srinivasan said on 11 Oct 2022.

“Joining forces with Perficient expands our capabilities and strengthens our ability to responsibly and profitably deliver unparalleled value to our clients.”

Traded on the Nasdaq Global Select Market, Perficient is a member of the Russell 2000 index and the S&P SmallCap 600 index.

Ameex is an approximately US$19 million revenue digital experience consultancy headquartered in Schaumburg, IL, with offshore operations located in Chennai. fiinews.com

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