- Computer Task Group ( NASDAQ: CTG ) said Thursday it acquired Eleviant Tech , a private digital transformation company that helps clients provide quality user experiences through customizable solutions.
- Terms were not disclosed.
- The deal adds ~$10M in annualized revenue for CTG and is expected to be immediately accretive to its operating results.
- The acquisition strengthens CTG's digital offerings in areas such as AI, machine learning and intelligent automation, while expanding capabilities in cloud migration, mobile application development and blockchain.
- The deal expands CTG's SaaS offerings by leveraging Eleviant's PeopleOne intranet solution, vChat, vBots and other platforms.
- The deal also increases CTG's Global Delivery Center capacity with the addition of Eleviant teams in Chennai and Coimbatore, India.
For further details see:
Computer Task Group acquires Eleviant Tech; terms not disclosed