U.K. Based Computaris International acquired by R Systems
Printer Print Email Email
Bangalore: R Systems, software product development and BPO service company has acquired U.K. based Computaris International operative in U.S., U.K., Romania, Poland, Malaysia and Moldova for $14.5 million. R Systems will make an initial payment of $6.88 million and the balance over two years linked to performance. The acquisition is funded largely from internal accruals. Deal was made to expand R System's operation in Europe. Computaris International provides system integration, telecom technical consultancy, and software development for software vendors and Communication Services Providers (CSP). Founded in 1993 by Satinder Singh Rekhi, R Systems is a software product development and BPO services company. It has five software development centres - 3 in India, 1 each in US and Singapore and 3 delivery centres in India. A lot of IT companies are making outbound acquisitions. Recently, Omnitech InfoSolutions acquired Netherland based Avensus. Last year, Mastek acquired US based SEG Software LLC, Info-Drive Software Ltd acquired Mauritius based Pacific First Sixth, Zensar Technologies acquired US-based PSI Holdings Group and its subsidiaries, Akibia, Aqulla Technology Corp and Akibia B.V (AKIBIA Group) and Aegis acquired Argentia based BPO firm Actionline and Glodyne acquired DecisionOne Corporation.

Digital Supply Chain Transformation – Winning the AI/ML Way