Emtec acquires trio of IT consulting companies
Emtec Inc. has acquired eBusiness Applications Solutions Inc., Aveeva Inc. and their India unit, Aviance Software India Private Ltd., through a stock transaction by Emtec's subsidiary Emtec Global Services LLC. No other financial details were reported.
Aveeva and eBAS, both of Fremont, Calif., provide a broad range of software consulting services, including business analysis, quality assurance, testing and training as well as SAP, customer relationship management and Oracle applications and Java-based solutions. Their markets include banking, financial services and insurance, retail, health care, and technology.
The acquisition accelerates the growth of Emtec Global Services that began with the acquisition of Luceo Inc. in March.
"This greatly enhances the software service capability of Emtec Global Services and continues to complement the enterprise infrastructure services provided by our Emtec Systems Division, including Emtec Federal," said Dinesh Desai, Emtec chairman, chief executive officer and president.
Aviance, based in Bangalore, India, is Emtec's first offshore acquisition, said Jessica Chopra, who will remain president of eBAS and Aveeva, reporting directly to Desai.
Emtec, of Marlton, N.J., provides information technology services and products to the federal, state, local, education and commercial markets.
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David Hubler is the associate editor of Washington Technology.