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Nocme Technologies, an IT services and software company based in Technopark here has agreed to merge with Singapore-based SCSOFT PTE Ltd, an IT system integrator with offices in Canada, Malaysia and Indonesia.
Nocme Technologies provides remote IT infrastructure services to customers and has been one of the fastest growing mid-size IT firms in Technopark.
SCSOFT specialises in end-to-end solutions for mass public transportation and banking industries with focused strength in software and hardware integration and after-sales services.
It is currently a part of the winning consortium of State Bank of India deploying EMV (Europay, Mastercard and Visa) open-loop automated fare collection system (AFCS) ticketing for the Nagpur Metro.
The merged entity will eye key Metro and Smart City projects in India and abroad with its range of innovative hardware and software solutions and services.
Nocme will be renamed as SCSOFT India Pvt Ltd and the current management executives, Bipin Krishna and Awad Hamza, will continue to head the merged entity in India as CEO and COO respectively.
The merger move was initiated to drive tactical expansion of the SCSOFT division dealing with AFCS for the Indian and other targeted markets.
Benefits to its clients shall include a higher level of service partnership with customers as it provides inter-operable cost-effective solutions and services.
The Indian arm will also house the research and development centre for the projects that the company is executing in India and South-East Asia.
According to SC Khoo, Founder & Chief Technology Officer, SCSOFT, the Singapore-based company will have its own development team in India.
“It will be able to support business activities and projects in India and across the globe. We see this merger to create more value for our clients.”
Bipin Krishna, CEO of SCSOFT India, said the merger would help the new entity to combine and leverage SCSOFT’s solutions and Nocme’s service levels while serving its clients.
The merger also provides the new entity the capacity to expand the service portfolio to the South-East Asian markets.
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