August, 10 2021
TechnoPro Holdings, Inc. (“TechnoPro”) agreed to acquire 100 percent of the shares issued and outstanding of Robosoft Technologies Private Limited (“Robosoft” or “the Company”), an India-headquartered company delivering solution services in a digital sphere mainly to the clients in the United States, Japan, and India, which will become a subsidiary of TechnoPro
TechnoPro is to identify the digital solution delivery services to the clients in the developed countries utilizing overseas offshore hubs as one of the pillars of the growth strategy in its new medium-term management plan published on August 10, 2021. The purpose of the Share Acquisition is to promote this growth strategy by acquiring the Indian offshore core hub and the capability of technology and solution in a digital field.
Robosoft employs more than 800 engineers with a mission of “Simplifying Lives with Delightful Digital Experiences”, providing one-stop digital solutions such as digital advisory, UI/UX design, engineering services, analytics, middle/back-end development to customers located in the United States and Europe. Robosoft has its reputation in offshore delivery with Design Thinking and UI/UX at its core, leveraging emerging digital technologies such as AI/ML, IoT, 5G and VR/AR, and has following strengths and track records:
TechnoPro intends to work in collaboration with Robosoft to generate synergy effects such as:
TechnoPro will continue realizing its sustainable growth and further value creation during the periods of the new medium-term management plan through the Share Acquisition.