Bengaluru-based Sonata Software, a global IT services and technology solutions company, has signed definitive agreements to acquire Encore Software Services, a US-based IT services company that provides user experience, data insights and real-time collaboration services to healthcare clients. , supply chain / logistics industries and independent software vendors (ISVs).
An ISV is a business or individual that creates, develops, and sells consumer or enterprise software that is consumed by end users. In other words, its main function is to distribute its software and is also called a software publisher. ISVs have become a leading group in the IT industry by creating, distributing and pushing new technologies and solutions.
Strengthens presence in the United States
Encore Software Services was incorporated in 1998 and is headquartered in San Jose with a development center in Chennai. It has established itself as a provider of cloud application development, cloud infrastructure, DevOps, testing and maintenance services, a spokesperson for Sonata Software said.
Sonata Software has now strengthened its geographic presence in the United States with a highly experienced management team. It adds significant ability to improve its digital transformation strategy led by “Platformation” and offers entry into new verticals such as healthcare and logistics.
Srikar Reddy, Managing Director and CEO of Sonata Software, said the acquisition is a continuation of a strategy aligned with Platformation-led digital transformation, access to seasoned local leadership talent and entry in new verticals.
Radha Krishnan, President, and Muralee Bhaskar, CEO, both co-founders of Encore, said they have seen great synergies in the movement that will help grow his business by offering new digital services and opening up new ones. opportunities. “Sonata’s platform strategy will allow us to become more strategic to our customers and serve them with a greater set of capabilities,” they added.