Incedo Acquires SysLogic Technical Services to Expand its Communication Engineering Offerings to the Telco Service Providers Market
Gurgaon, June 15, 2016 – Incedo, a Bay area technology services firm specializing in data management, product engineering and emerging technologies acquired SysLogic Technical Services, a telecom consulting and software development firm which works with two of the largest telecommunication carriers in the US, for an undisclosed sum. This is a part of Incedo’s global strategy to offer broad-based communication engineering solutions and services to the telecom service provider markets in addition to the OEM and semiconductor industry that Incedo has been serving.
The acquisition will add several consultants and developers across US to Incedo’s 1500 strong development and delivery team. It will enable Incedo to expand its business presence to some of the largest Tier 1 service providers in the US market. Syslogic will continue to operate under its own brand and will now be an Incedo company.
“We expect revenue and margins to grow as inclusion of SysLogic completes our market presence and customer landscape – from OEM’s on one end, to Telco operators at the other. The telecom sector continues to be at the epicenter of growth, innovation, and disruption. Our deep technical and domain expertise combined with existing Syslogic relationships and customer access elevates our position in the market,” says Anupam Wahi, Senior Vice President, Communication Engineering, Incedo Inc.
According to Sanjay Jain, Executive Chairman, Syslogic Technical Services, “Joining forces with Incedo gives us the global presence, depth and breadth of expertise, and the financial and operational scale required to effectively deliver a compelling and differentiated value proposition to our customers.”
Naresh Ayyala, CEO, SysLogic Technical Services further added, “ We are excited about working with Incedo and adding their deep expertise in the area of Cloud Orchestration, NFV, SDN, Virtualization, IOT, Data Analytics, Devops and Mobility to our portfolio of Solutions and offerings.”
This is Incedo’s second acquisition in a period of less than 12 months and will further bolster Incedo’s presence in the communication technology services space.
Incedo is a technology solutions provider specializing in Data, Information Management, Business Intelligence, Analytics, and Emerging Technologies. Incedo has deep-rooted industry expertise in financial services, life sciences and communication engineering. Headquartered in the Bay Area, Incedo has offices across North America and India. Its young, agile team consists of industry practitioners who understand the business needs of their clients. Incedo, formerly the technology division of the $4 billion conglomerate Indiabulls, works with four of the top ten life sciences and pharmaceutical companies, one of the top telecommunications companies in the world and some of the nation’s largest financial services firms.
Since its inception in 2011, Incedo has experienced growth of over 600% and has been recognized as one of the top “Ten Emerging Analytics Start-ups to Watch” by Analytics India Magazine and was recently named to CRN’s 2016 Solution Provider 500 list, recognizing the top channel partners in North America.
For more information on Incedo.com, please visit www.incedoinc.com.
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