ICRA Techno Analytics acquires Axiom Technologies

Software developer ICRA Techno Analytics on Thursday announced the acquisition of Kolkata-based software services firm Axiom Technologies for an undisclosed sum.

MUMBAI: Software developer ICRA Techno Analytics (ICTEAS) on Thursday announced the acquisition of Kolkata-based software services firm Axiom Technologies for an undisclosed sum.

Axiom specialises in customisation and implementation of Enterprise Resource Planning (ERP) packages.

The acquisition fits in neatly with the strategy of ICTEAS to enter into ERP implementation market and thereby offer its clients a larger portfolio of Information Technology solutions, ICTEAS, a wholly-owned subsidiary of rating agency ICRA, said in a release here.

"ERP is the market we have been wanting to be in. It makes eminent sense for ICTEAS and Axiom to pool their talents together and offer customers a unique value proposition," ICTEAS' Director P K Choudhury said.

Axiom so far has been offering its services in the Indian market. It would now be able to use our global reach and offer their services in the international market, it said.
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