Infogain acquires cloud native app development platform NNT
- ByTejika Bajaj | December 18, 2021
Silicon Valley-based digital platform engineering company Infogain recently announced that it has entered into a definitive agreement to acquire Nggawe Nirman Technologies (NNT), a cloud-native app development company. This is the company’s fourth acquisition since 2019 and the recent acquisition is a part of the growth plan projected by the company.
As per the statements made by the engineering platform, the recent NNT acquisition would allow it to establish its presence in markets like Australia and Japan while adding AWS, blockchain and IoT capabilities to its portfolio.
Expressing his thoughts over the recent acquisition, the CEO of NNT, Rao Sadhureddy said, “This is a proud moment for NNT. Our employees will now have opportunities to be involved in much larger engagements in more transformational roles across the globe. I am also excited to introduce Infogain to NNT clients, some of which are in new geographies for Infogain.”
NNT’s leadership and world-class engineering teams based out of Bangalore will add to Infogain’s expertise in building AWS cloud-native applications using microservices, containerization and DevOps to power digital platforms, blockchain, automation, and IoT solutions.The addition of NNT’s 400 team members will take Infogain’s global employee base to over 6,000.
Talking about the procedure that the startup followed for the acquisition, Infogain’s Head of Global Delivery, Operations and M&A Eddie Chandhok said, “So from a strategy standpoint, we created an M&A office and started scouting for and looking at potential acquisition targets. Acquisitions and inorganic growth, along with organic growth are going to be important components that will drive this company forward. We continue to look for cloud native companies to add capabilities like GCP, SaaS and capacity in Eastern Europe as well.”
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