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As part of its plan to expand in India, itelligence India Software Solutions Private Limited has acquired the Hyderabad-based vCentric Technologies, a reseller of SAP software and SAP services provider, for an undisclosed amount.
“The acquisition of vCentric is the first step for our strategic expansion into the growing local Indian IT market. With more than 1,300 employees, we are now one of the leading SAP partners in the subcontinent,” itelligence Chief Executive Officer Norbert Rotter said.
itelligence employs about 6,600 people in 24 countries. In 2016, it registered sales of € 778 million.
Sanjeev Deshpande, MD, itelligence India, said the acquisition of vCentric has allowed the company to offer services across different geographies in India and different segments.
“We are very excited to be part of the itelligence family and together we will grow and serve our customer base in India and the subcontinent with best in class solutions and services offerings,” said Venugopal Uppalapati, past Chairman of vCentric, who is now a member of the executive management team of itelligence India.
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