Symphony Teleca to acquire Aditi Technologies

MOUNTAIN VIEW, USA & BANGALORE, INDIA: Symphony Teleca Corp. (STC) has entered into an agreement to acquire Aditi Technologies (Aditi), a rapidly growing leader in cloud-led modern application development.

With the acquisition, STC extends its leadership in innovation to drive clients' revenue growth by being able to uniquely deliver Systems of Engagement (SoE). Aditi will serve as a strategic growth lever for STC through its design and cloud expertise, complementing STC's engineering, mobile and analytics capabilities.

SoE are modern applications that businesses use to engage with their customers by utilizing the convergence of cloud, mobile and analytics. The SoE market is expected to grow from $33 billion in 2013 to $111 billion in 2020.

The combined company will have unprecedented capabilities in delivering SoE based on analytics-powered modern apps and smart mobile devices. The company will serve a broad spectrum of customers spanning enterprises, independent software vendors and connected systems manufacturers.