ITC Infotech Expands Cloud Solutions with Blazeclan Technologies Acquisition
ITC Infotech and Blazeclan Technologies: A New Era in Cloud Solutions
ITC Infotech, part of the prominent ITC conglomerate, announced on October 1 its acquisition of Blazeclan Technologies for Rs 485 crore. This bold step is aimed at fortifying its &icloud capabilities&i and expanding its service offerings.
Strategic Acquisition Overview
Blazeclan is recognized as an AWS Premier Partner and a Snowflake Elite Partner, specializing in cloud transformation solutions. With a global presence and expertise in cloud migration and digital services, Blazeclan brings significant value to ITC Infotech.
- Acquisition Amount: Rs 485 crore
- Revenue: Rs 294.57 crore in 2023-24
- Global Operations: India, Singapore, Australia, Malaysia, Philippines, New Zealand, Belgium, USA, Canada
Enhancing Cloud Capabilities
This acquisition not only strengthens ITC Infotech's position but also enhances its grip on the evolving cloud landscape. The aim is to support clients in navigating their digital transformation journeys effectively.
- Advanced cloud solutions
- Rich partnership ecosystem
- Commitment to innovation
ITC believes this strategic acquisition will lead to improved business outcomes and a deeper commitment to cloud capabilities, as outlined in its exchange filing.
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