Digital product engineering company R Systems has announced its acquisition of product engineering and digital solutions provider Velotio. The partnership is set to expand R Systems’ delivery capabilities and presence in the cloud, DevOps, data engineering, and generative AI sectors.
R Systems Announces Velotio Acquisition
R Systems, a leading digital product engineering firm, has signed definitive agreements to acquire India-based Velotio. With a team of over 300 engineers, Velotio specializes in building innovative products for global customers. The acquisition will see Velotio’s leadership, including co-founders Kalpak Shah and Chirag Jog, join R Systems to scale their business and accelerate growth.
Expanding Engineering Capabilities
This acquisition will enhance R Systems’ service offerings, particularly in cloud, DevOps, data engineering, and generative AI. Velotio brings deep engineering capabilities and expertise that complement R Systems’ vertical presence. Moreover, R Systems will expand its India delivery presence to Pune, a hub for product engineering talent. The partnership will help both companies provide enhanced value to their customers.
Combining Forces for Enhanced Growth
Velotio, with its roster of NASDAQ-listed enterprises and high-growth companies, adds to R Systems’ ability to expand partnerships and deliver value to customers. With Velotio’s cutting-edge technology expertise and R Systems’ global industry experience, the combination is well-positioned to drive customer growth. The companies also look forward to collaborating with Blackstone, a leading global investor, as they build a fast-growing digital product engineering company.
In conclusion, the acquisition of Velotio by R Systems marks a strategic partnership aimed at enhancing both companies’ capabilities and driving growth in the digital product engineering sector. The combined forces of the two firms will benefit customers while expanding their global reach and industry expertise.
