Cranes invests in key acquisitions

By : |June 17, 2007 0

BANGALORE, INDIA: Cranes Software International Ltd., (Cranes) a global enterprise analytics, scientific and engineering products and solutions provider announced today acquisitions that will help the company augment its competency and revenues in enterprise data analytics and engineering simulations business spaces.

With these two acquisitions, totaling about Rs 70 crore, Cranes has renewed it singular thrust in developing expertise in these businesses, and leveraging them to more contemporary business needs, the company said in a statement.

The two acquisitions include Dunn Solutions Group (DSG) and Tilak AutoTech (TAT).

Dunn Solutions Group (DSG) is a US-based technology consultancy with proven expertise in Intellectual Properties (IPs),  products in Enterprise Analytics, focusing on business intelligence (BI), and enterprise level knowledge management.

Tilak AutoTech (TAT), is a Pune-based firm focused on automotive embedded products and solutions around this for development of embedded engine control modules

Dunn will enhance the product suite and customer reach for the scientific data analytics and enterprise analytics business spaces. While Dunn is currently working on a proportion of revenue streams from the solutions space, they have a suite of methodologies that can be upgraded as wrap around modules to the products like Systat and Sigma suite.

For instance in the healthcare space, the synergy between Cranes and Dunn can help upgrade the Analytics products of Cranes into healthcare related analytics engines. With such approaches Cranes aspires to leverage growth and a high proportion of sales from product modules.

The latter acquisition of Tilak will provide more depth in the design and development of embedded electronics, not only in the auto industry but also in re-engineered dated chip designs, to more contemporary performance expectations and specification, the statement said.

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