Add-on Acquisition • Information Technology

KPIT Technologies Acquires Systime Global Solutions Pvt

On June 15, 2011, KPIT Technologies acquired information technology company Systime Global Solutions Pvt

Acquisition Context
  • This is KPIT Technologies’ 4th transaction in the Information Technology sector.
  • This is KPIT Technologies’ 3rd transaction in India.

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M&A Deal Summary

Date June 15, 2011
Target Systime Global Solutions Pvt
Sector Information Technology
Buyer(s) KPIT Technologies
Deal Type Add-on Acquisition

Target Company

Systime Global Solutions Pvt

Mumbai, India
Systime Global Solutions Pvt Ltd. is a provider of IT services. Systime Global Solutions was founded in 1976 and is based in Mumbai, India.
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Buyer Overview 1

Buyer

KPIT Technologies

Pune, India

Category Company
Founded 1990
Sector Information Technology
Employees12,873
Revenue 58.4B INR (2025)
DESCRIPTION

KPIT Technologies is a provider of software development, IT consulting, and product engineering solutions. KPIT Technologies was founded in 1990 and is based in Pune, Maharshtra.


Deal Context for Buyer #
Overall 6 of 8
Sector: Information Technology 4 of 6
Type: Add-on Acquisition 5 of 7
Country: India 3 of 3
Year: 2011 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-30 Sparta Consulting

Folsom, California, United States

Sparta Consulting, Inc. is a provider of SAP solutions and services to automotive, CPG, high tech. Sparta Consulting was founded in 2007 and is based in Folsom, California.

Buy $38M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-12 I-Cubed

Raleigh, North Carolina, United States

I-Cubed, Inc. focuses on product lifecycle management (PLM) consulting, Web experience management (WEM), and managed services.

Buy -