 "Kellton Tech acquires US firm Bokanyi Consulting")
Kellton Tech Solutions Limited, a Hyderabad-based IT services and solutions company, has acquired Bokanyi Consulting, a cloud and analytics services provider based in Houston, US, with revenues of $8 million last year, for an undisclosed amount.
Kellton Tech funded the entire acquisition through internal accruals. The acquisition demonstrates Kellton Tech’s continued investment in ISMAC (Internet of things, social, mobile, analytics and cloud) and its resolve to further strengthen its core focus. With the US already contributing substantially to Kellton Tech’s revenue, the move will further improve its in-region support and help it to cater to the increasingly profitable mid-markets, the company said in a press release on Wednesday.
Bokanyi, an expert in serving the mid-market IT needs of customers across 12 countries, is the second acquisition that Kellton Tech has made in less than a year. The company had, in June 2015, acquired US-based enterprise solutions and business integration provider ProSoft Group, for $14 million in an all-cash deal.
"As we merge Bokanyi’s proven enterprise technology expertise, that complements our ISMAC focus, we look forward to a myriad of new business opportunities while leveraging the cross-selling possibilities brought forth through this acquisition. We are confident of a seamless integration, and expect the unique synergies from the alliance to enable us to offer greater scale and superior range of transformational services," said Niranjan Chintam, founder and chairman of Kellton Tech.