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SemanticSpace acquires Prolifics, teams up with Arsin
By siliconindia
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Friday, 04 July 2008, 17:54 IST
Hyderabad: SemanticSpace, a software solutions company, has acquired Prolifics, a distinguished systems integrator specializing in IBM technologies.
Prolifics complements SemanticSpace's offering with its services focused around the IBM brand, making the combined entity a truly Global organization with a strong and balanced presence across the U.S., Europe and Asia Pacific. Along with Prolifics, SemanticSpace Technologies, and Arsin Corporation will operate as SemanticSpace Group, creating a new overall organization of 1500 employees with more than $100 million in revenue on a proforma basis.
Post acquisition Prolifics will be the largest systems integrator specializing exclusively on the IBM Software Platform. The 300 person, privately owned company based in New York City will grow, under Prolifics' current CEO leadership, to a 900 dedicated practitioners in the newly formed group and will continue its growth both organically and by acquisition.
Prolifics - a Premier IBM Business Partner distinguished with several top awards for its SOA and Portal customer solutions and its level of technical excellence, breadth and depth across the entire IBM software portfolio - will continue to provide robust and scalable enterprise solutions. This new relationship will allow Prolifics to better service new and existing customers with the ability to engage in projects of larger scale and volume, offer competitive delivery options, increase its already unparalleled skill set and offerings around the IBM platform, and increase its footprint around the world. Prolifics will enhance its portfolio through testing solutions from Arsin, a sister company.
Satya Bolli, CEO, SemanticSpace Technologies said, "Our companies have the same heritage and approach, with strong technology backgrounds, an investment in R&D, a focus on creating reusable assets, and customer-centric values. The convergence of our companies marks an acceleration in the globalization of the software industry, giving enterprises a new "blended-shore� choice in technology partnership that can scale to meet any need."
Founded in 1997, SemanticSpace Technologies is a global software solutions conglomerate with a track record of providing enterprise project services, quality assurance services, and software products to Global 2000 companies. Meanwhile, Arsin Corporation, based in Santa Clara, California, provides innovative enterprise readiness testing and test automation solutions to Global 2000 companies.
