TAO Digital Solutions Acquires Software Competitiveness International (SCI)

Cyient Plans to Acquire TAO Digital Solutions for AI-Native Data and Lifecycle Engineering Capabilities

June 2, 2026

IT Services

Cyient entered into a definitive agreement to acquire TAO Digital Solutions Inc., an AI-native data and product engineering firm headquartered in Santa Clara, California. The deal is subject to customary regulatory approvals and closing conditions and is expected to close by Q2 FY27 (second quarter of fiscal year 2027).

TAO Digital Solutions Acquires DigitalSoftMinds S.R.O.

August 4, 2025

IT Services

TAO Digital Solutions has acquired DigitalSoftMinds S.R.O., a Prague-based product engineering firm specializing in end-to-end hardware and software development for regulated industries including life sciences and medical devices. The acquisition expands TAO's chip-to-cloud capabilities, strengthens its delivery footprint in medtech and life sciences, and supports the company’s ongoing international growth following a recent strategic growth investment from Vesper Company.

TA Associates Makes Strategic Growth Investment in SER

May 21, 2024

Software

TA Associates has agreed to make a strategic growth investment in SER, the Bonn-based Intelligent Content Automation (ICA) software vendor, with Carlyle remaining an investor. The capital will support SER's international expansion, further AI innovation in its Doxis platform and continued shift to a subscription-first model; the transaction is subject to customary regulatory approvals.

AEA Investors Acquires SCIO Automation Holding GmbH

August 31, 2023

Industrial Services

AEA Investors’ Middle Market private equity fund has closed the acquisition of SCIO Automation Holding GmbH, making AEA the new majority shareholder. Quadriga Capital’s Partnership Va has exited while Quadriga (Fund VI) has reinvested a minority position; SCIO is an industrial automation system integrator headquartered in Frankenthal, Germany with ~1,100 employees and ~€190 million of revenues in 2022.

Persistent Acquires Software Corporation International (SCI) and Affiliate Fusion360

September 29, 2021

Payments & Fintech

Persistent Systems acquired Software Corporation International (SCI) and its affiliate Fusion360, adding a dedicated payments business unit and expanding its cloud and payments capabilities. The deal brings deep payments domain expertise and IBM Financial Transaction Manager (FTM) application capabilities into Persistent's global digital engineering and enterprise modernization services.

SCI Solutions Acquires Tonic Health

January 10, 2020

Healthcare Services

SCI Solutions, an EHR-agnostic care coordination marketplace, has acquired Tonic Health, a SaaS-based patient self-service platform that provides digital intake, check-in, outcome reporting and payments. The combination creates a broader digital engagement offering for health systems and positions the combined company (headquartered in Seattle) to deliver a more comprehensive patient self-service and revenue-cycle workflow solution.