Just few weeks back, Saksoft was awarded with CMMi Level 5 Accredition, and now it has acquired Acuma, a UK based high end consulting Firm for about 17 million USD.
About Acuma : It is UK’s largest, dedicated provider of information value management solutions and strategic consultancy. Acuma works with organizations to consolidate,organize and manage the huge volumes of data collected by suiness. Acuma has built an enviable track record delivering hundreds of solutions ranging from strategic advice to large multi-million pound developments. It is this experience and knowledge base that is encapsulated in their IVM(Information Value Model) framework. Acuma also offers licensing and training services in Business Objects.
Acuma have industry consultants for information management & BI consulting and several professionals who know BO, Cognos, SAS, Terradata etc. They have a product called Acusend that distributes BO reports in email or Blackberry phones. Also Acuma have an Office @ Hyderabad which is a Offshore Unit.
Explaining the rationale for the acquisition, Aditya Krishna, said that “This is a very synergetic association as the combined entity’s offerings will now be multi-vertical, multi-service with customer facing domain experts and back-end technology/service specialists."
Adding to Aditya’s comments, David Ince (CEO of Acuma) said, “We will now have stronger ability to scale-up the business model through efficient use of onsite resources and leveraging on access to offshore resources. We will be able to better serve our market with local knowledge and a global perspective”.
Saksoft share Price was up by about 20% in the last 5 days. I think it could have gone more, but this Circuit Breaker is not allowing it to grow
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