Apexon | February 17, 2022
Technosoft Corporation, doing business as Apexon (“Apexon”), and Infostretch Corporation (“Infostretch”) announced that they have signed a definitive agreement to merge the two companies. As part of the combined organization, Apexon will join a family of portfolio companies of the Goldman Sachs Asset Management Private Equity business and of Everstone Group. Closing is subject to certain conditions, including regulatory approvals.The combined organization will have the expertise and resources to serve its enterprise clients across digital product and platform engineering, data engineering and analytics, native cloud engineering, customer experience design, and artificial intelligence and machine learning. With 8,000+ employees around the globe, the company is well-positioned to help its clients formulate and execute on their digital journey efforts.
After closing, the combined company will be led by Executive Chair Sumithra Gomatam and Chief Executive Officer Sriniketh Chakravarthi. The two bring over 50 years of experience in the digital IT services industry with former leadership positions in world-class organizations such as Cognizant and Tech Mahindra.
The two co-founders of Infostretch – Chief Executive Officer Rutesh Shah and Chief Operating Officer Manish Mathuria – will join the Board of Directors as Vice Chairmen. Radhakrishnan Gurusamy, founder and current Chairman of Apexon, will also join the Board of Directors.
“The need for digital expertise continues to grow as organizations look for new ways to apply the latest technologies to drive their businesses forward, Through the merger with Apexon, we can offer new solutions and enhance the impact of our clients’ strategic digital initiatives in order to deliver on their critical business objectives. The Apexon team brings both scale and maturity and positions the company for long-term partnerships with our clients.”
-Rutesh Shah, co-founder of Infostretch.
Combining Apexon’s ability to incorporate the human element into the digital experience with Infostretch’s digital engineering depth creates a truly unique value for our client base,” said Radhakrishnan, founder of Apexon. “We are excited to be part of the Goldman Sachs Private Equity and Everstone Group portfolios. Together we can help our customers fully leverage digital capabilities to reinvent the way they engage with their customers and enable real competitive differentiation.
Apexon is a digital technology services and platform solutions company that partners with clients to improve their digital experience and insight. With more than 25 years of experience, 5,000+ digital experts in more than 10 offices worldwide are helping companies enhance their digital experience with their customers. Apexon works in the areas of digital experience, analytics, artificial intelligence, and cloud development to unlock the power of technology for our clients to empower humans with intelligent and experiential solutions. https://www.apexon.com/
Infostretch is a pure-play digital engineering services firm focused on helping companies accelerate their digital initiatives from strategy and planning through execution. Infostretch leverages deep technical expertise, Agile methodologies, and data-driven intelligence to modernize systems of engagement and simplify human-tech interaction. Infostretch delivers custom solutions that meet customers’ technology needs wherever they are in their digital lifecycle. Backed by the Private Equity business within Goldman Sachs Asset Management and Everstone Group, Infostretch works with both large enterprises and emerging innovators — putting digital to work to enable new products and business models, engage with customers in new ways, and create sustainable competitive differentiation. https://www.infostretch.com/
Vitech | March 09, 2022
Vitech, a Zuken Company and a market leader in Model-Based Systems Engineering (MBSE) solutions, announced a partnership with Intercax. As a result of this partnership, Intercax will incorporate support for GENESYS, Vitech's flagship MBSE technology, into its Syndeia Digital Thread Platform. As a result, GENESYS users will be able to extend and integrate their GENESYS-created system models and architectures into various ecosystems, such as the PLM and ALM ecosystems. These ecosystems include CAD, requirements management, project management, simulation tools, and more.
"Partnering with Intercax is a big step in delivering on our vision of a connected, integrated, and open MBSE. The large library of connectors to popular and varied engineering repositories will provide immediate value to our user community, "
Enrique Krajmalnik, CEO of Vitech
Intercax is an industry leader in developing the vision of an Open Digital Thread, linking system models with other advanced engineering tools. According to Dr. Dirk Zwemer, Intercax Co-Founder and President said, "As a critical enabler for digital transformation, enterprises are adopting open digital threads connecting data streams and models across disciplines and tools. Adding GENESYS to our catalog of supported system modeling and architecture tools will bring new solutions to industries where product complexity is a significant challenge."
Belcan | March 04, 2022
Belcan, LLC ("Belcan"), a global supplier of design, software, manufacturing, supply chain, information technology and digital engineering solutions to the aerospace, defense, space, government services, automotive and industrial markets, today announced that it has been selected by Airbus for a multi-year award as an engineering, manufacturing engineering and services strategic supplier (EMES3).
Belcan and its partner Sogeclair, with their productive and enduring alliance of 10 years, are recognized once more as valued partners to Airbus to address the future technological, environmental and industrial challenges in the aerospace industry.
"We thank Airbus for continuing to recognize Belcan as a valued supplier by bringing our deep and broad aerospace expertise and long legacy of providing high-quality engineering and manufacturing services to the aerospace industry,"
- Lance Kwasniewski, CEO of Belcan.
The multi-year framework contract, which was awarded after a highly demanding selection process spanning several months, will further strengthen Belcan's long-standing relationship with Airbus, which has continued through numerous agreements since 2002. The EMES3 award allows Belcan to support all divisions, subsidiaries and affiliates of Airbus across engineering, manufacturing engineering and customer services functions.
Belcan is a global supplier of design, software, manufacturing, supply chain, information technology, and digital engineering solutions to the aerospace, defense, space, government services, automotive, and industrial markets. Belcan engineers better outcomes for customers – from jet engines, airframe, and avionics to heavy vehicles, automobiles, and cybersecurity. Belcan takes a partnering approach to provide solutions that are adaptable, integrated, and value-added, and has been earning the trust of its customers for over 60 years. For more information, please visit www.belcan.com.