Ranklin Solution buys US-based Cigniti
Hyderabad-based Ranklin Solutions has acquired US-based enterprise resource planning (ERP) firm Cigniti for an undisclosed amount.
Cigniti has around six major ERP installations across the world, and is also an implementation partner for other technologies including Java (Sun Microsystems). The company has presence in the UK, Australia and New Zealand and has over 250 employees on its payroll.
However, the officials of Ranklin Soluitions, neither disclosed the value of the deal nor the turnover of the acquired company, referring a non-disclosure agreement.
Ranklin Solutions founded in 1998, engages in website design, flash design, e-marketing, and corporate identity. The company had acquired IT and BPO firm Logic Bytes in May, this fiscal for Rs 91.80 lakh.