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Rolta Acquires AdvizeX Technologies

Information technology consulting, solutions and services provider Rolta India Ltd. announced that its wholly-owned subsidiary Rolta International, Inc. acquired AT Solutions Group, LLC., the parent of Cleveland, Ohio-based AdvizeX Technologies, LLC., for a consideration of around $32 million, including escrows and earnouts.

AdvizeX Technologies provides total solutions consisting of hardware, software, and specialized advisory and technology services for implementing cutting-edge IT strategies, such as Cloud computing and Virtual Data Centers.

This acquisition brings to Rolta a strong portfolio of products and services, over 2,500 active customers, a large technology,-enabled work force, and very robust partnerships with industry leaders.

With this acquisition, the company is now among the top national partners of Oracle, Microsoft, HP, EMC and VMWare in the US, and has been recognized by its partners and customers through various awards for technology innovation and excellence.

At the BSE, Rolta India shares are currently trading at Rs.65.60, up 0.69 percent from the previous close.

by RTTNews Staff Writer

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