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Market: SHI acquires Locuz for serving Indian customers

Fiinews by Fiinews
October 3, 2024
in Markets
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Lee says Locuz pivotal in mission to deliver IT solutions and services

SHI International, one of the world’s leading technology solutions providers, says the acquisition of Indian cybersecurity and digital transformation services company, Locuz Enterprise Solutions, will accelerate and enhance the Somerset, New Jersey-based group’s services and solution capabilities.

“The addition of Locuz will be pivotal in our mission to deliver comprehensive IT solutions and services that address the complex needs of our multinational customers,” said Thai Lee, President and CEO of SHI International.

“We are excited to officially welcome the 800+ talented Locuz team members to SHI. Our clients can anticipate significant benefits from the enhanced service capabilities SHI will now be able to offer around the world,” he said on 1 Oct announcing the Hyderabad company’s acquisition.

“We are ready to extend our services today to our customers in India and those looking for offshore or hybrid support models,” said James Prior, SHI CFO.

“The integration of Locuz staff and systems is well underway, and I am confident that it will be a seamless transition thanks to the meticulous planning and attention to detail from our teams,” he said.

“We thank our customers and partners for their support and patience throughout this process. Their interest and excitement are great validations of our shared vision of value and growth.”

This acquisition will accelerate and enhance SHI’s services and solutions capabilities in key growth areas including cloud, cybersecurity, networking, data centre, and managed IT operations, as well as add scale for SHI’s global customers.

This milestone marks a significant advancement in SHI’s strategic journey to help customers around the world solve what’s next in AI, cybersecurity, data centre and modern workplace solutions.

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 with a workforce exceeding 6,000 employees worldwide. Fiinews.com

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