ITC Infotech acquires Blazeclan Technologies for up to ₹485 crore to enhance cloud offerings.

ITC Infotech, a global technology services firm, plans to acquire Blazeclan Technologies, a Pune-based cloud services company, for up to ₹485 crore in an all-cash deal. The acquisition aims to strengthen ITC Infotech's cloud offerings and support clients in their digital transformation journeys. Blazeclan, founded in 2010, reported a turnover of ₹249.50 crore in fiscal 2022-23.

April 18, 2024
10 Articles

Further Reading