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March 12, 2014

Wheelings & Dealings: Infotech to Acquire Softential

Infotech Enterprises America, Inc., a wholly owned subsidiary of Infotech Enterprises Limited (Infotech), will acquire Softential, Inc. (Softential), headquartered in Herndon, Virginia.

The company has already signed a definitive agreement in this regard.

Softential provides end-to-end ITSM solutions. The company designs and automates processes using industry frameworks, rationalizing tools, integrating applications into dashboard solutions, and providing application management services. The company has created significant market presence and long-term engagements with communication service providers, electric distribution network operators, and manufacturing companies among several industry sectors.

The acquisition is expected to strengthen Infotech's telecommunications business unit by adding 140 skilled global resources.

By leveraging their combined and complementary strengths, Infotech and Softential will offer a scaled, cost-effective and globally delivered managed service proposition for customers to more efficiently plan, build, and operate their Network Operations Centers and Data Centers. The resulting synergies will enable Infotech to broaden its service portfolio for existing customers while supporting expansion into new geographic markets, a company press release said.

“This alliance creates a scalable platform for enhancing strategic value and provides an opportunity for cross-pollinating offerings across the combined customer base,” said Srinivas Tipirneni, president Softential, Inc., in a statement.

Tipirneni said that in Infotech, Softential has found a partner that is strategically aligned to its business and whose global presence and financial strength will be of immense value.

“Softential is a great business and I am delighted that we will be able to work closely with Srini Tipirneni and his team. With its strong technical and domain expertise combined with proven global delivery capability, Softential will fit very well in the Infotech family,” said John Renard, president and business unit head, telecom and utilities, Infotech Enterprises Ltd.

Renard said that he strongly believes that the combined entity will be very attractive to both companies' existing customers. 




Edited by Cassandra Tucker
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