Aditi Technologies To Acquire Infospace India Development Center

Aditi Technologies has announced that it has signed a definitive agreement with Infospace, Inc. to acquire its Indian subsidiary, Infospace India Software Development Pvt. Ltd.

Established in 2007, Infospace India is engaged in online product development, software engineering, and product testing for INSP’s global product portfolio. Infospace (India) has its development centre in Bangalore.

“The acquisition of Infospace aligns well with our focus of establishing an account base of stable and long-term engagements and further highlights the trust that leading software vendors have in our ability to deliver quality products faster,” said Pradeep Rathinam, CEO, Aditi Technologies. “Infospace is a global technology leader in metasearch products and this acquisition makes them a major strategic client for Aditi Technologies. With this relationship, India has become one of the key markets for us and we will look ahead for more similar opportunities in the market.””

“This arrangement provides us with the operational efficiency and continued access to quality engineering talent needed to drive our product development strategy,” said Leo Chang, CTO, Infospace Inc. “We look forward to strengthening our existing relationship with Aditi and their continued support.”

“As part of its engineering business, Aditi offers high end consulting, technology and application development services to Enterprise clients from cloud to business intelligence on the Microsoft platform. The acquisition will fuel Aditi’s competency in the growing search practice working with one of the largest ad monetising platforms, a key segment that we are focusing,” said Vineet Kumar Arora, Managing Director, Aditi Technologies.