
New Delhi, Aug. 26 -- IT Services major Capgemini said on Tuesday it has signed an agreement to acquire Cloud4C, a Singapore-based managed cloud services provider owned by CtrlS Group. The company has its corporate headquarters in Hyderabad. Financial details of the transaction were not disclosed.
Founded in 2014 by Sridhar Pinnapureddy, who also heads CtrlS Datacenters and CtrlS Group, Cloud4C has expanded to a workforce of 1,600 employees operating in 29 countries. The firm specialises in automation-driven hybrid and sovereign cloud services, AI-ready platforms, disaster recovery, cybersecurity, and compliance tailored to specific industries. Additionally, it serves as a global premium partner for SAP in S/4 HANA Cloud.
Capgemini said that the acquisition, which is anticipated to finalise in the upcoming months pending regulatory approvals, will enhance its hybrid cloud and SAP capabilities by merging Cloud4C's expertise with Syniti's data solutions.
"Cloud4C has an outstanding history in large-scale cloud transformations, attributed to its advanced, highly automated AI platform and processes," remarked Aiman Ezzat, CEO of Capgemini.
"Its status as a global premium partner of RISE with SAP makes it a natural fit for Capgemini as we have been a strategic partner with SAP for decades. This acquisition will enable the Group to champion gen AI-powered cloud automation platforms, coupled with scalable industry-specific solutions that we know our clients want and need across the world," he added.
Pinnapureddy said that the collaboration with Capgemini would facilitate the scaling of Cloud4C's cloud migration and management frameworks more effectively to address global client demands. "I'm immensely proud of what our team has built. We look forward to combining our strengths with those of Capgemini to meet the needs of its international client base," he added.
The Cloud4C acquisition follows WNS' announcement of a $3.3 billion acquisition in July. The deal is expected to be closed by the end of 2025.
Published by HT Digital Content Services with permission from TechCircle.