Home Merger & Acquisition

A young and dynamic IT/ITES Company, Naesys Dimensions Solution Pvt has announced the acquisition of TechThat Technologies, a comprehensive Internet of Things (IoT) and cognitive solutions platform. The acquisition provides Naesys with the latest and innovative software technologies for enabling the government to transform India.

Naesys delivers innovative solutions and services to government bodies like UIDAI, CRPF, DRDO with the overall purpose of contributing to the improvement of citizen services. The firm works as a channel for smart and leading technologies while using their expertise, knowledge, service commitment and support to ensure smooth, streamlined and hassle-free solution implementation.

Commenting on the development, Sanjeev Kumar Maini, MD and CEO Naesys Dimensions Solution said, “As the demand for our solutions and services continues to increase, TechThat will allow us to serve our customers better.”

The Delhi-based startup, TechThat is a production-ready, multi-purpose middleware platform for building complete end-to-end IoT solutions, connected applications, and smart products. The TechThat platform provides an open, feature-rich toolkit for the IoT product development and thus dramatically reduces associated cost, risks, and time-to-market.

“TechThat Technologies is a terrific fit for Naesys. We are pleased to be part of this growing IT solutions and services company,” said Rohit Sarabhai, TechThat Founder, and CEO.

The TechThat server provides all the backend functionality needed to operate even large-scale and mission-critical IoT solutions. It handles all the communication across connected objects, including data consistency and security, device interoperability, and failure-proof connectivity.

Post-acquisition, Naesys brings the U-DOP to life for smart cities that foster economic growth and enables a more livable and better-connected society. U-DOP is a centralized platform and the heart of the smart city which is designed to integrate transparently and seamlessly a large number of different head-end systems while providing open access to selected subsets of data for the development of a plenty of digital services.

Like this content? Sign up for our daily newsletter to get latest updates.

Comments

comments