HTC Global acquires US firm Ciber Inc for $93 million

Move comes after the acquisition of US firm CareTech Solutions in 2014 for an undisclosed sum

Information technology (IT) services company HTC Global Services has acquired Ciber Inc, a US-based global IT consulting and outsourcing services company, for $93 million. Established in Troy, Michigan, in 1990, by Indian entrepreneur M Madhava Reddy, HTC Global has taken this strategic move towards further strengthening its position globally.

The acquisition of Ciber Inc will add over 3,500 employees to HTC's existing 10,000 strong workforce. In 2014, the company had acquired US company CareTech Solutions for an undisclosed sum to expand its footprint in the healthcare sector.

"This acquisition will further boost the organisation's ability to deliver exceptional customer service, deep expertise in