German-headquartered itelligence AG is expanding its Indian operations with the acquisition of SAP software reseller and service provider vCentric Technologies by itelligence India Software Solutions Private Limited.
The acquisition is the latest step in itelligence India’s plans for growth in India as the move toward digitalisation sweeps across the nation.
“With more than 1300 employees, we are now one of the leading SAP partners in the subcontinent,” said Norbert Rotter, CEO, itelligence.
Hyderabad-based vCentric was named SAP S/4 HANA Partner of the Year in India for the past three years, among many other accolades. The fast-growing company has both demonstrated expertise in India and a broad Indian customer base. Exactly the combination that itelligence was seeking for its expansion plans.
“The acquisition of vCentric allows us to offer services across different geographies in India and different segments. itelligence will continue its industry focus to deliver the quality and best fit solutions to its customers,” said Sanjeev Deshpande, managing director, itelligence India.
Although vCentric was among the worldwide finalists of the Pinnacle Awards in the S/4 HANA Partner of the Year category at the SAPPHIRE NOW event in May, it was itelligence that won the award this year. itelligence India was also recently named a ‘Best Place to Work’ in Hyderabad.
“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, vCentric. He now becomes a member of the executive management team of itelligence India.
itelligence, an SAP platinum partner, is a leading international SAP solutions provider that employs about 6,600 employees in 24 countries worldwide. Its services range from consulting and licensing to application management and from hosting and reseller services to proprietary industry-specific solutions.
Terms of the transaction have not been disclosed.
