ITC Infotech Acquires Blazeclan Technologies to Boost Cloud Services and Digital Transformation Capabilities

Preeti Bali / 10:13 am / April 19, 2024

ITC Infotech, a leading technology services provider, announced a significant acquisition to solidify its position in the cloud computing market. The company has signed a definitive agreement to acquire Blazeclan Technologies, a Pune-based cloud consulting firm, for a total consideration of up to Rs 485 crore. This strategic move aligns with ITC Infotech’s vision to become a billion-dollar company within the next five years and strengthens its commitment to delivering advanced cloud solutions to its clients.

Acquisition to Enhance Multi-Cloud and Hybrid Cloud Capabilities

It is anticipated that the acquisition of Blazeclan will greatly expand ITC Infotech’s capacity to serve customers in multi-cloud and hybrid cloud environments. Blazeclan’s expertise in cloud services across leading platforms like AWS, Azure, and GCP will be instrumental in this growth. Additionally, the combined entity will focus on building a robust partner ecosystem to accelerate future expansion.

Synergy to Drive Digital Transformation for Customers

This acquisition aligns perfectly with ITC Infotech’s strategy of pursuing strategic investments to bolster its solution portfolio and solidify its partnerships. By integrating Blazeclan’s expertise in cloud migration, digital services, and data analytics, ITC Infotech aims to empower its clients to navigate their digital transformation journeys effectively. The move also strengthens ITC Infotech’s global presence with cloud competency centers strategically located in key regions like Australia, Singapore, Malaysia, and India.

Leadership Optimistic about Future Growth

Sudip Singh, Managing Director and CEO of ITC Infotech, expressed his confidence in the acquisition’s potential to unlock significant growth opportunities. He emphasized the growing need for enterprises to leverage cloud technologies to maintain a competitive edge. “With Blazeclan’s expertise, we will be ideally positioned to guide our clients on their digital transformation journeys,” he stated. Singh further elaborated on the acquisition’s potential to not only enhance capabilities but also unlock new avenues for generating greater business value for clients.

Blazeclan Excited to Join Forces

Varoon Rajani, Founder and CEO of Blazeclan, echoed the sentiment of a promising future. “We are thrilled to embark on this new chapter with ITC Infotech,” he declared. Rajani believes the combined strengths of both companies – Blazeclan’s cloud and modernization expertise coupled with ITC Infotech’s established technical prowess – will create a winning formula for delivering superior value to customers.

More Stories