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ANI |
Updated: Aug 12, 2023 14:19 IST
PRNewswire
Bangalore (Karnataka) [India], August 12: ALTEN Group (“ALTEN”), headquartered in Paris, France and a market chief in engineering and know-how consulting providers, has not too long ago accomplished the strategic acquisition of Accord Global Technology Solutions. This strategic acquisition combines ALTEN’s scale and know-how variety with the digital innovation and know-how of Accord Global Technology Solutions to deal with leveraging applied sciences and deepen its engineering capabilities.
Founded three a long time in the past and spun out of Accord Software & Systems Private Limited in 2017, Accord Global Technology Solutions Private Limited (“Accord Global Technology Solutions”) is a Bangalore based mostly firm engaged within the enterprise of offering hardware & software engineering services, embedded programs and digital know-how providers to purchasers within the aerospace, protection, automotive and different industries throughout the globe.
Accord Global Technology Solutions is a part of the Accord Group, a Bangalore based mostly group which was based by 5 entrepreneurs. The Accord Group has three distinct enterprise entities catering to completely different market segments:
1) Accord Software and Systems – a high-end protection know-how merchandise and options enterprise;
2) Accord Ideation – An Innovation firm having patented know-how, IP and different belongings, and;
3) Accord Global Technology Solutions, the {hardware} and software program engineering providers enterprise.
ALTEN has acquired Accord Global Technology Solutions, which is without doubt one of the three companies of Accord Group.
“The addition of Accord Global Technology Solutions to the ALTEN family strengthens our engineering business capabilities in India. As a combined entity, we can support our clients globally throughout the entire engineering lifecycle with both services and solutions. Accord Global Technology Solutions will enable a fruitful diversification of ALTEN positioning in India for local and worldwide customers. They will enrich our expertise in innovative areas like Aerospace and Automotive embedded solutions. I am excited to welcome everyone at Accord Global Technology Solutions into the ALTEN family. Talking about the company’s plans in India, Pascal Amore (EVP, Head of APAC at ALTEN) said, that in accordance with the ALTEN’s expansion strategy, India will continue to be our biggest market as we expand our footprint and Accord Global Technology Solutions will further reinforce and augment Alten’s presence in India from an existing workforce of 8000+,” stated Pascal Amore, EVP, Head of APAC at ALTEN.
“At the Accord Group, our evolution has been propelled by the pursuit of high competence and excellence based on our core system of trust and ethical relationship with all stakeholders. This has helped us create great value for our customers, employees and vendors. Today, as our team at Accord Global Technology Solutions joins hands with ALTEN, we are excited that they can leverage the collective capabilities and geographical presence to accelerate business growth, professional growth for the employees, wider and deeper portfolio of services and solutions for the customers and helping us to fulfill our mission of providing innovative products and services to customers in aerospace, automotive, embedded and other safety critical systems. We share with ALTEN a dedication to innovation, and a commitment to and passion for excellence,” stated J Mohan Sundaresan, Co-founder of the Accord Group.
About the ALTEN Group
With a robust legacy, ALTEN helps its prospects’ growth methods within the areas of innovation, R&D and technological data programs. ALTEN is a world chief in Engineering and IT Services and works with key gamers within the Aeronautics & Space, Defense & Naval, Security, Automotive, Rail, Energy, Life Sciences, Finance, Retail, Telecommunications and Services sectors. With income of greater than Euro 4 Bn and with 57,000 workers in additional than 30 nations.
About Accord Global Technology Solutions
With robust progress momentum and a strong working profile, Accord Global Technology Solutions is an end-to-end engineering providers firm with robust capabilities throughout full life-cycle {hardware} and software program engineering, embedded programs and digital technologies in sectors resembling aerospace, protection, automotive and diversified industrials. Operating with a workforce of 500+ extremely technical and multi-disciplinary workers, Accord Global Technology Solutions has a number of long-standing, scalable relationships with marquee world purchasers. The firm has charted a powerful observe file throughout buyer satisfaction, innovation, gross sales, and profitability. The success of the Company has been made potential with steady enhancement of competence in know-how, high quality processes, challenge administration and buyer focus.
Photo: https://mma.prnewswire.com/media/2184125/ALTEN_Accord.jpg
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