M&A Deal Summary

KPIT Technologies Acquires KPIT Infosystems

On August 23, 2003, KPIT Technologies acquired business services company KPIT Infosystems

Acquisition Highlights
  • This is KPIT Technologies’ 1st transaction in the Business Services sector.
  • This is KPIT Technologies’ 1st transaction in the United States.
  • This is KPIT Technologies’ 1st transaction in New Jersey.

M&A Deal Summary
Date 2003-08-23
Target KPIT Infosystems
Sector Business Services
Buyer(s) KPIT Technologies
Deal Type Add-on Acquisition

Target

KPIT Infosystems

Iselin, New Jersey, United States
KPIT Infosystems, Inc. is a provider of strategic management consulting services to the manufacturing, consumer packed goods, pharmaceutical, oil and gas, independent software vendors, and utilities markets.

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Buyer(S) 1

Buyer

KPIT Technologies

Pune, India
Category Company
Founded 1990
Sector Information Technology
Employees6,638
Revenue 48.7B INR (2024)
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, India.

DEAL STATS #
Overall 1 of 8
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 7
State (New Jersey) 1 of 1
Country (United States) 1 of 5
Year (2003) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-28 SolvCentral.com

Glen Allen, Virginia, United States

SolvCentral.com, Inc. is a provider of business intelligence solutions. With this acquisition, the company will strengthen its business intelligence practice by creating a new line of business, which will help the company provide its customers high end services.

Buy -
Mergr

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Company

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