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Nihilent Technologies acquires US-based GNet Group

Pune-based Nihilent Technologies, a consulting and solutions integration company, has acquired US-based GNet Group LLC for an undisclosed amount, as per a press release.

This acquisition will help Nihilent enhance its expertise in business intelligence and software application development, especially in the American region.

Minneapolis-headquartered GNet Group is a services and solutions company specialising in business intelligence. The firm has operations in Midwestern and South Central US.

“We look forward to continued growth and success, leveraging Nihilent’s global scalability and additional offerings,” said Venkat Kavasseri, CEO of GNet Group.

"We are excited about the opportunities that this acquisition brings to both Nihilent and GNet Group’s customers. It is a result of GNet Group’s expertise in the business intelligence and analytic space,” said LC Singh, vice-chairman and CEO of Nihilent.

Nihilent Technologies provides services like software application development, technology re-engineering, enterprise application integration, customer relationship management and enterprise resource planning, data warehousing and business intelligence. The firm employs 1,300 people and its operations span North America, Europe, Africa, Middle East, Asia and Australia. 

“We have already begun integration operations, which speaks of the critical nature of this association. This is a great opportunity for Nihilent to expand into America. Also, our relationship with Microsoft, through expertise in deploying their CRM and AX solutions will help us hit the ground running," said Minoo Dastur, president and COO, Nihilent.

(Edited by Joby Puthuparampil Johnson)

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