NIIT Technologies acquires Spanish IT firm to expand business in Latin America

- Tuesday, August 16, 2011

NIIT Technologies acquires Spanish IT firm to expand business in Latin America

Indian company NIIT Technologies has acquired Spanish software services firm Proyecta Sistemas de Información for an undisclosed amount, the former said in a statement.

The acquisition allows NIIT Technologies to enhance its European footprint and provides a gateway to Spanish-speaking countries in Latin America.

Proyecta provides technology for the travel and financial industries.

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"We welcome Proyecta to NIIT Technologies, as we strengthen our travel and financial services offerings in the region," NIIT president Sunil Surya said.

Proyecta, with more than 100 consultants, provides services for business intelligence, web and mobility applications.

NIIT Technologies is an IT solutions provider, with customers in North America, Europe, Asia and Australia. It offers solutions in application development and maintenance, managed services, IP asset or platform solutions and business process outsourcing to organizations in the financial services, travel and transportation, and manufacturing and distribution sectors.