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  6. Rolta India Acquires Piocon Technologies

M&A Deal Summary

Rolta India Acquires Piocon Technologies

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

Acquisition Highlights
  • 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.

M&A Deal Summary
Date 2008-12-29
Target Piocon Technologies
Sector Information Services
Buyer(s) Rolta India
Deal Type Add-on Acquisition

Target

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(S) 1

Buyer

Rolta India

Mumbai, India
Category Company
Founded 1989
Sector Information Technology
Employees129
Revenue 175M INR (2023)
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 STATS #
Overall 1 of 1
Sector: Information Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2008 M&A 1 of 1
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