Indian IT services firm Sonata Software Ltd. is acquiring Encore Software to strengthen its geographic presence stateside. The US-based IT company provides user experience, data Insights and real-time collaboration services to clients in healthcare, logistics and independent software vendor sectors.<\/p>\n
The acquisition gives Sonata access to an experienced leadership team that\u2019s based in the United States and adds significant capability to its platformation-led digital transformation strategy. The deal also gives the Indian company an entry into new verticals like healthcare and logistics, and reinforces its independent software vendor and Microsoft-led cloud businesses.<\/p>\n
\u201cThis is a continuation of our M&A strategy focusing on strategic acquisitions aligned to our platformation-led digital transformation strategy, access to seasoned local leadership talent and entry into new industry verticals. We are excited to welcome the Encore team to the Sonata family,\u201d said Srikar Reddy, chief executive of Sonata Software.<\/p>\n
Set up in 1998, Encore Software Services is headquartered in San Jose, California, with a development centre in Chennai, India.<\/p>\n
\u201cWe are excited to join the Sonata family, we see great synergies that will help scale our business offering new digital services and lead to opportunities for our people,\u201d Encore co-founders Muralee Bhaskar and Radha Krishnan said in a statement. \u201cSonata\u2019s platformation strategy will allow us to become more strategic to our clients and allow us to serve them with a greater set of capabilities.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Indian IT services firm Sonata Software Ltd. is acquiring Encore Software to strengthen its geographic presence stateside. The US-based IT company provides user experience, data Insights and real-time collaboration services to clients in healthcare, logistics and independent software vendor sectors. The acquisition gives Sonata access to an experienced leadership team that\u2019s based in the United States and adds significant capability to its platformation-led digital transformation strategy. The deal also gives the Indian company an entry into new verticals like healthcare and logistics, and reinforces its independent software vendor and Microsoft-led cloud businesses. \u201cThis is a continuation of our M&A strategy […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-798796","post","type-post","status-publish","format-standard","hentry","category-it-2"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/798796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=798796"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/798796\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=798796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=798796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=798796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}