Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleRed Hat
CEO ReviewCompany Review

The Silicon Review Asia

Tokyo-Headquartered TechnoPro Group Acquires Robosoft for $108 Million

Tokyo-Headquartered TechnoPro Group Acquires Robosoft for $108 Million

India-headquartered digital transformation pioneer Robosoft has been acquired by Japan’s TechnoPro Group for a reported $108 million. Headquartered in Tokyo, TechPro specializes in IT, engineering, and R&D.

“Robosoft has had a phenomenal journey over the last two decades and has grown by leaps and bounds during this period. The partnership with Ascent Capital and Kalaari Capital heralded a strong growth era for us and I am very happy that we are handing over the reins of the Company to a global player like TechnoPro,” said Rohith Bhat, Founder of Robosoft, in a press release.

TechnoPro Group is one of Japan’s largest technology solutions group with more than 20,000 engineers and researchers in its payroll. The company provides support for technical development and R&D to 2,000 companies including major corporations, universities, and research organizations.

“We look forward to a close collaboration with Robosoft in the company’s next phase of growth and see tremendous synergies between TechnoPro and Robosoft,” said Takeshi Yagi, President, Representative Director and CEO, TechnoPro.

Founded in 1996, Robosoft has worked with the largest firms of the world. Its first client was famously Apple. Today, Robosoft counts media network Viacom and McDonald’s India as its clients.

This partnership with TechnoPro will provide Robosoft with new opportunities to grow in Japan. It will also help it expand in its core markets of US, Europe and India.


Pine Labs Reaffirms its Commitment to Indian Payments Space with Qfix Acquisition

HDFC Bank is Qfix's main distribution partner Pine Labs has announced that it has acquired Qfix, a Mumbai-based online payments startup. This acquisi...

Salesforce Expands into Thailand, Opens Office in Bangkok

Salesforce has announced permanent presence in Thailand by launching its new office in the country’s capital, Bangkok. The permanent presence wi...

GMLL is expected to soon add two more stores to its retail arm ‘Price Mantra’

Garment Mantra Lifestyle, a popular name in the Indian fashion retail segment, recently made an announcement that the company is expanding its retail ...

Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...