Add-on Acquisition • Information Services

Rolta India Acquires Piocon Technologies

On December 29, 2008, Rolta India acquired information services company Piocon Technologies

Acquisition Context

This is Rolta India’s 1st transaction in the Information Services sector.
This is Rolta India’s 1st transaction in the United States.
This is Rolta India’s 1st transaction in Illinois.

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M&A Deal Summary
Date	December 29, 2008
Target	Piocon Technologies
Sector	Information Services
Buyer(s)	Rolta India
Deal Type	Add-on Acquisition

Target Company

Piocon Technologies

Oak Brook, Illinois, United States

Piocon offers Oracle-based technology solutions including Enterprise Solutions Architecture, Service Oriented Architecture, business intelligence, portal and other custom applications.

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Buyer Overview 1

Buyer

Rolta India

Mumbai, India

Category	Company
Founded	1989
Sector	Information Technology
Employees	129
Revenue	186M INR (2024)

DESCRIPTION

Rolta is a provider of innovative IT solutions for many vertical segments, including federal and state governments, defense and homeland security, utilities, process, power, financial services, manufacturing, retail, and healthcare. Rolta India was founded in 1989 and is based in Mumbai, India.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Information Services	1 of 1
Type: Add-on Acquisition	1 of 1
State: Illinois	1 of 1
Country: United States	1 of 1
Year: 2008	1 of 1

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