INDIA – Saksoft, a Chennai, India-based company which specializes in Enterprise Applications, Augmented Analytics, Intelligent Automation and Enterprise Cloud, acquired Solveda Group, a New York-based software design and development company.
The amount of the deal was not disclosed.With the acquisition, Saksoft will enhance the focus on its Inch-wide Mile-Deep strategy of competing in market niches.Nick Rosser, CEO – Solveda LLC, and Deepak Agarwal, CEO -Solveda India, Solveda is a software design and development company with expertise in E-commerce applications catering to B2B and B2C customers. It offers 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.Led by Aditya Krishna, Chairman & Managing Director, Saksoft Group specialises in Enterprise Applications, Augmented Analytics, Intelligent Automation and Enterprise Cloud. The group is headquartered in India and has 16 offices across USA, Europe, and Asia employing over 2000 employees.14/08/2023
