London, United Kingdom-based global experience engineering firm Ciklum acquired USA-headquartered digital engineering services company Infogen. The company announced the acquisition on February 7, 2024. However, it did not disclose the amount of the transaction.
Purpose of the acquisition by Ciklum
With the recent acquisition of Infogen, Ciklum seeks to fuel its drive into the North American market. It also has plans to expand its global delivery footprint. The company further aims to strengthen its position in engineering the leading digital products of tomorrow.
As a part of the deal, Infogen’s CEO, Dr. Sanjeev Kuwadekar, continues at Ciklum. He further seeks to drive the continued growth of Infogen’s core services.
What the Ciklum official has to comment
Raj Radhakrishnan, CEO of Ciklum, said, “The combination of Ciklum and Infogen leverages the complementary capabilities and cultures of each company to drive even greater impact and results for our clients. By aligning with a like-minded company such as Infogen, we operate from a stronger collective operational footprint and with technological advancements across several lines of business. We have systematically built out our capabilities to support our ongoing international expansion, and with the backing of our investor partners, we will continue to deliver even greater innovation and technology solutions to help our clients bring their businesses to the next level.”
Francisco D’Souza, Chairman of Ciklum and Co-Founder and Managing Partner of Recognize, the majority shareholder in Ciklum, further added, “Ciklum works with some of the most exciting, innovative companies in the world and builds services uniquely designed for these businesses. Since our investment in 2020, we have seen meaningful growth in demand for Ciklum’s software solutions, and there is a significant opportunity to deliver yet more value to Ciklum’s global clients. We continue to bring our experience and network to support Raj and Ciklum’s team to execute the exciting growth plan that we collectively built. And we are incredibly excited for what the future holds.”
What the Infogen official has to comment
Infogen’s CEO, Dr. Sanjeev Kuwadekar, said, “We’re excited to have found in Ciklum the perfect partners for taking what we have built at Infogen to the next level.”
Sanjeev Kuwadekar is the founder of Infogen. Infogen Labs is a global digital consulting firm dedicated to developing scalable software solutions and products from the ground up. Since its foundation, Infogen has been dedicated to innovation and the use of cutting-edge technologies and techniques to produce solutions that add value for industry-leading companies and their customers.
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