Pune, India – 24th October, 2016: Pune based global consulting and solutions integration company Nihilent Technologies Limited (“Nihilent”) has successfully completed the required procedures related to the acquisition of ICRA Techno Analytics Ltd., a Kolkata based data analytics, BPM and process engineering specialist services company (the “Acquisition”). The acquired company is now renamed as Nihilent Analytics Limited.
The Acquisition, which was first announced in the month of August 2016, complements the Nihilent Group’s digital transformation endeavours, by bringing in strong IP –backed expertise in data science, BI, machine learning among others.
Mr. L.C. Singh, Vice Chairman and CEO of Nihilent said, “The name Nihilent Analytics seeks to address our emphasis on data analytics and machine learning, which, we believe, is the future of enterprise transformation.” Mr. Minoo Dastur, President and COO of Nihilent added, “The Nihilent Group is now equipped with a wide range of delivery capabilities, from enterprise IT services like application development, testing and package implementation to digital and enterprise transformation including analytics, BI, cloud, mobility and social.”
Mr. Prateep Kumar Guha, CEO of Nihilent Analytics said, “We are excited to be a part of the Nihilent Group, and confident that this integration will open up avenues through expanded geographical reach.”
Nihilent has also acquired full ownership of other entities of erstwhile ICTEAS, like ICRA Sapphire Inc., and BPA Technologies, in the Acquisition.
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