Digital experience, engineering and digital transformation services firm ACL Digital, an ALTEN group company, has acquired AFour Technologies, a software product engineering firm. Financial terms of the deal were not disclosed.
This is technology M&A deal number 1,013 that ChannelE2E has covered so far in 2022. See more than 2,000 technology M&A deals involving MSPs, MSSPs & IT service providers listed here.
ACL Digital, founded in 1992, is based in San Jose, California. The company has 1,490 employees listed on LinkedIn. ACL Digital’s areas of expertise include digital experience, product innovation, technology IT consulting, business consulting solutions, IT service provider, business analytics, operations consulting, digital transformation consulting, SAP, Oracle Netsuite, networking and telecom, embedded and semiconductor, life sciences, healthcare, product innovation and engineering, professional services and enterprise applications.
AFour Technologies, founded in 2007, is based in Pune, Maharashtra, India. The company has 422 employees listed on LinkedIn. AFour’s areas of expertise include test consulting and strategy, performance testing, test automation, security testing, agile test management, app development, IHE compliance testing, cloud testing, internet of things (IoT), big data, DevOps, mobility, storage, software development, storage, data science, hyperconvergence, UX design, front end development, enterprise mobility, software architecture, software design, blockchain, artificial intelligence, machine learning, cybersecurity services and software development services.
This acquisition of the AFour Technologies business strengthens ACL Digital's product engineering and digital transformation solutions offerings for customers, the companies said.
ACL Digital Acquires AFour: Executive Insights
Ramandeep Singh, CEO, ACL Digital, commented on the news:
"This acquisition helps us expand and strengthen our deep digital product engineering capabilities across various verticals we operate. Together, we will create world-class solutions with AFour Technologies to empower our clients to streamline their operation, enhance their customer experience, compete better in the marketplace, and drive meaningful value to their customers, businesses, and employees."
Subodh Parulekar, co-founder and CEO, AFour Technologies, said:
"We are excited to be a part of ACL Digital, a leader in the Digital Product Engineering space. As part of the ACL Digital family, we now have this opportunity to scale, drive growth & deliver customer satisfaction worldwide."
AFour Technologies co-founder and managing director, AFour, Mahesh Kulkarni added:
"Our best-in-class Product Engineering and Reliability Engineering Services including Cloud Native Development, Cloud Migration and Enablement, Test Strategy, Security and Performance Testing, DevOps and Test Automation, will ensure delivery of solutions to customers across product lines and industries, with high predictability and reliability."
ACL Digital M&A
ACL Digital is no stranger to M&A. ACL Digital previously acquired Volansys.
