US based high-end software solutions and services provider Synechron announced the acquisition of Esquire Systems UAE, an IT consulting and services company.
Synechron is a high-end software solutions and services provider focusing on the Capital Markets, Insurance, Mortgage Banking & Digital Media verticals. This acquisition will put Synechron in the spotlight to expand its domain capabilities and proven world-class delivery dervices in the Gulf markets.
Faisal Husain, CEO of Synechron, commented, “Like our past acquisitions in the US, this one is also aimed to capitalize on the significant synergies of our two companies. We want to match Esquire Systems’ local presence and long standing relationships with our deep rooted strength in high end technology delivery especially in the niche areas of Cloud Computing, IT Strategy & Architecture and Mobile development along with Application Development, Business Intelligence and Managed Services.”
Anil S. Nair, founder & CEO of Esquire Systems stated that “We are confident of leveraging Synechron’s global experience of Financial Services technology and offshore delivery capabilities to the benefit of our esteemed clients in the UAE and to offer an enriched gamut of services.”