This is the company’s fourth acquisition since 2019. Infogain’s Head of Global Delivery, Operations and M&A Eddie Chandhok told ET that in July the company’s PE ownership had transitioned from ChrysCapital to Apax Funds and the current acquisition was part of the growth plans discussed for Infogain.
“So from a strategy standpoint, we created an M&A office and started scouting for and looking at potential acquisition targets. Acquisitions and inorganic growth, along with organic growth are going to be important components that will drive this company forward. We continue to look for cloud native companies to add capabilities like GCP, SaaS and capacity in Eastern Europe as well ,” said Chandhok.
He also added that the NNT acquisition will allow Infogain to establish its presence in markets like Australia and Japan while adding AWS, blockchain and IoT capabilities to its portfolio.
Co-founded in 2017 by Phoenix-based Rao Sadhureddy and Santoshkumar Hanaji, NNT’s leadership and world-class engineering teams based out of Bangalore will add to Infogain’s expertise in building AWS cloud-native applications using microservices, containerization and DevOps to power digital platforms, blockchain, automation, and IoT solutions.The addition of NNT’s 400 team members will take Infogain’s global employee base to over 6,000.
“We have very high standards internally and are very careful not to dilute it. We are very impressed with the quality and the level of talent we see at NNT and will be bringing 100% of the talent on board,” he added.
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NNT’s clients include a billion-dollar Australia-based appliance and coffee exchange company, a US-based educational platform with more than 45 million users, and an industry-leading charitable donation platform company. NNT also has experience in blockchain, having designed and developed an AI services platform using Ethereum. Clients express high satisfaction with NNT’s engineering prowess, product ownership focus, and talent.
NNT CEO Rao Sadhureddy said, “This is a proud moment for NNT. Our employees will now have opportunities to be involved in much larger engagements in more transformational roles across the globe. I am also excited to introduce Infogain to NNT clients, some of which are in new geographies for Infogain.”
Several NNT technologists will join Infogain’s technology office, headed by Infogain CTO Sumant Ahuja. Ahuja said, “NNT’s expertise in AWS cloud-native app development, containerization, microservices and DevOps deepens our expertise across all three hyperscale clouds – Azure, GCP and AWS.”
Infogain has acquired Houston-based Silicus Technologies, Seattle-based Revel Consulting and Absolutdata, a San Francisco based artificial intelligence and analytics company.