R Systems Acquires Velotio
June 7, 2023
R Systems has signed a definitive agreement to acquire Velotio, an India-based product engineering and digital solutions provider with 300+ engineers. The acquisition will deepen R Systems' engineering and delivery capabilities—including cloud, DevOps, data engineering and generative AI—and expand its India delivery presence in Pune.
- Buyers
- R Systems
- Targets
- Velotio
- Industry
- IT Services
- Location
- Maharashtra, India
- Transaction Type
- Buyout
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