The acquisition will enable ITC Infotech to build a strategic cloud asset with a focus on the Hyperscaler Partner eco-system to ramp up future growth.
ITC Infotech, a global technology services and solutions provider, announced the signing of a definitive agreement to acquire 100 per cent of the shareholding of Blazeclan Technologies Private Limited (Blazeclan), a company providing cloud services on AWS, Azure, and GCP.
Headquartered in Pune, India, Blazeclan is an AWS Premier Partner, a Snowflake Elite Partner, and a leader in providing cloud transformation solutions to customers globally with strong expertise in cloud migration, digital services, digital cloud consulting, and data analytics and insights. Blazeclan helps drive on-demand and sustainable cloud adoption for its clients.
This acquisition will augment ITC Infotech’s capabilities to service its customers in a multi-cloud and hybrid cloud environment, with a focus on the partner eco-system to accelerate future growth.
Sudip Singh, Managing Director and Chief Executive Officer of ITC Infotech, said, “This acquisition will not only strengthen our capabilities significantly but also enable us to make scalable progress in the cloud space while providing access to key opportunities to unlock larger business value for our customers.”
ITC Infotech proposes to leverage the platforms and accelerators built by Blazeclan and the strong certified architect pool to strengthen its cloud offerings. This move is aligned with the company’s strategy of pursuing value-accretive investments focused on sharpening capability-led solutions while strengthening partnerships, which form critical pillars of growth for ITC Infotech.
With this agreement, ITC Infotech intends to further deepen its global presence through cloud competency centers in Australia, Singapore, Malaysia, and India. This acquisition is expected to close in 6 to 8 weeks, subject to customary closing conditions.