Symphony Teleca Corporation (STC) has entered into an agreement to acquire Aditi Technologies (Aditi), a rapidly growing leader in cloud-led modern application development. With the acquisition, STC extends its leadership in innovation to drive clients’ revenue growth by being able to uniquely deliver Systems of Engagement (SoE). Aditi will serve as a strategic growth lever for STC through its design and cloud expertise, complementing STC’s engineering, mobile and analytics capabilities.
“Symphony Teleca and Aditi are both leaders in innovation and I welcome Aditi to the Symphony Teleca team,” said Romesh Wadhwani, chairman of Symphony Teleca Corporation and founder, chairman and CEO of Symphony Technology Group. “We take pride in our commitment to help our customers realize the huge potential that cloud, mobile and analytics present. This acquisition is further evidence of our commitment and the combined team is the clear global leader in delivering product and solution development services that drive innovation-led growth for our clients.”
The combined team includes 7,500 employees spread across a network of 40 global offices with innovation hubs in North and South America, Europe and Asia. The company is expected to experience 20 percent growth by the close of 2014. Aditi will continue to operate as a new division of STC under the leadership of Pradeep Rathinam.
