March 20, 2019 - News

Version 1 Increases Investment in India with Centre of Excellence in Bangalore

Version 1 acquires the business assets of Bangalore-based Technology Consulting firm TE4B.

Version 1 today (20th March 2019) announces it has acquired the business assets of Bangalore-based Technology Consulting firm TE4B. The addition of TE4B will double the offshore delivery capability of the Cloud and Digital specialists Version 1.

Commenting on the announcement Version 1 CEO Tom O’Connor said:

“We are delighted to welcome the highly skilled team at TE4B to Version 1 and to enhance our Global Delivery Model with our second Centre of Excellence in India allowing us to better service evolving customer requirements and to accelerate the digital transformation of their core business processes. With TE4B joining the Version 1 family, they will assist in the delivery of a diverse range of projects and services to our customers including:  Digital Technology Enablement, Enterprise Resource Planning and Cloud migration. Version 1 is leading the way in enterprise digital transformation and we are excited about the opportunity to further support our customers’ objectives with the addition of our new colleagues from TE4B.

TE4B Founder and Managing Director Srihari Vedante said:

We are proud to be joining Version 1, a like-minded company with a focus on Customer Success, on simplifying the Digital journey, and with a shared commitment to common values, integrity and putting the customer first.

The addition of TE4B brings the total Version 1 employee numbers to 1300 with 100 employees based in two centres in Pune and Bangalore. TE4B Founder and Managing Director Srihari Vedante has been appointed to the Version 1 Senior Management Team. He will continue to provide day-to-day operational leadership and contribute to the integration and growth of the Indian operations of Version 1.

Version 1’s growth strategy is focused on enhancing its presence and capabilities in key markets through strategic acquisition and organic growth. The acquisition of the business assets of TE4B is the third investment announced by Version 1 in a ten-month period, including the acquisitions of Dublin headquartered Data Analytics specialist Presidion and London headquartered HR Transformation specialist Cedar Consulting.

 

About TE4B

TE4B is an award-winning technology advisory firm. A trusted partner to many organisations, TE4B provides management consulting for technology led business change programmes. Its team of subject matter experts are highly skilled in ERP, Cloud, Mobility and Analytics with a strong track record in developing and implementing strategies and solutions to meet customer objectives.

Read more at https://www.te4b.com/

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