Softline Group Softline Group’s Indian operations, led by subsidiary company Softline Services India Pvt Ltd, will strengthen its Indian presence and capabilities due to recent mobile phone number data expertise in cloud solutions, desktop modernization products, systems integration services, managed services and application services.
“Softline continues to focus on the global development of its business Softline Group
We are already present in 50 countries around the world. The acquisition of Embee is an investment in the sustained growth of Softline’s business for many years to come. I believe most common mistakes when implementing a qms by 2050, India will become the fourth largest economy in the world, producing about 15% of global GDP. Since Softline’s business is growing even faster than the national economies of the countries where the company is present, our prospects in India are truly great,” says Igor Borovikov, Founder and Chairman of the Board of Directors of Softline.
“India is a strategic market and the partnership Softline Group
Embee represents our commitment to deliver the best solutions to our growing customer base in the country. Embee is a respected and loyal Microsoft partner with over 30 years of experience in cloud solutions and services. We believe this strategic combination will be a great step towards expanding our presence and capabilities in the region,” said Sergey Chernovolenko, Global CEO of Softline Group.
Roy Harding, President, Softline International, added, “Embee has one of the strongest teams to drive Microsoft’s cloud transformation solutions in India. Their experience in tw list systems across hardware and software from other leading partners such as Adobe, HP and Cisco will help Softline establish itself in this market in a stronger and more stable manner. Embee is known for its high quality of services, which has contributed to its excellent business relationships and a strong client list across India. We are proud to welcome this experienced team of technology professionals to the Softline family.”
Founded in 1992 and headquartered in Kolkata
Eastern India, Embee has over 400 employees and over 1,500 customers. The company is a strategic partner of partners such as Microsoft, Dell EMC, Hewlett Packard Enterprise! Cisco, Adobe and other IT giants. Over the past five years, Embee’s business has grown at an average rate of over 30% per year. Cloud services account for about 60% of the company’s revenue! while the rest of the profit comes from software licensing! system integration services, cybersecurity solutions, ERP, HR management and other systems.
Sudhir Kothari, Managing Director, Embee Software Pvt Ltd, added! “Softline Group is one of the 8 LSPs Microsoft globally, and this partnership represents a great! opportunity to expand Embee’s presence both in India and beyond. We look forward to joining forces with the! Softline team in India to deliver a better value proposition to our customers and build a stronger growth story together.”
As part of the transaction Softline Group
The formal merger process is expected to be completed within the next 18 months! resulting in the full integration of the platforms. Advisors to the transaction included KPMG Corporate Finance, Backbay Advisors, PDS Legal and Radhika Singh & Associates.