Compulink To Merge With Glodyne To Enhance Managed Services Offerings

Glodyne Technoserve, a technology management services company, has reported that the board has approved the merger of Compulink Systems, a provider of project management software services, headquartered in Pune, India with the company.

Glodyne Technoserve has been expanding its managed services portfolio, and the project management space which as per the Project Management Institute (PMI) is expected to be around $ 6 bln, is of great interest to the company. The merger offers Glodyne a chance to leverage Compulink’s strong IPRs and add valuable client relationships.

In the project management software services space, Compulink has built the ‘Whizible’ suite for various sectors. Some of the clients, who use Compulink’s products and services, are Accenture, Wipro, John Deere, ABB, TATA group, ICICI Bank, Barclays Bank, SBI Life, etc.

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Annand Sarnaaik, chairman and MD, Glodyne Technoserve, said, “The Compulink merger is a strategic initiative to add project management offerings to our managed services portfolio. It also offers Glodyne an opportunity to leverage Compulink’s strong IPRs across sectors to enhance its client offerings. We believe that combining Glodyne’s expertise in managed services with Compulink’s strong project management deliverables will generate new predictable business models and opportunities for the company.”

Uday Kothari, co-founder and chairman, Compulink Systems, said, “We are delighted to become a part of Glodyne. We hope to complement Glodyne’s Technology Managed Services capabilities with our strong project management and delivery skills. With Glodyne’s financial strength and strong presence in the India and US market, we will be able to expand services in these markets.”