Kellton Tech acquires Bokanyi Consulting

Updated - September 23, 2016 03:30 am IST

Published - January 27, 2016 04:25 pm IST - Hyderabad:

Kellton Tech, a Hyderabad-headquartered firm with development centres in the country and the US, has acquired Bokanyi Consulting, a Houston-based enterprise, cloud and analytics services provider.

The purchase has been funded entirely through internal accruals, an announcement by Kellton Tech on Wednesday said.

It will “deepen and diversify Kellton’s expertise by bringing complementary customer-base and development capabilities besides prestigious technological partnerships.” Bokanyi, which offers a suite of analytics solutions and specialises in SAP HANA implementations, clocked revenue of about $8 million last year and catered to customers across 12 countries.

Kellton Tech founder and Chairman Niranjan Chintam said: “As we merge Bokanyi’s proven enterprise technology expertise that complements our ISMAC (internet of things, social, mobile, analytics and cloud) focus, we look forward to a myriad of new business opportunities.”

Bokanyi Consulting, CEO Brian Bokanyi said, is eager to leverage Kellton Tech’s services portfolio and global footprint to deliver more value to customers and expand outreach.

In June last year, Kellton had acquired ProSoft Group of the US in a $14 million cash deal and said it was the eighth acquisition. Mr.Chintam then said that the company was looking for firms that will get new customers and depths of technology.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.