Bangalore based Happiest Minds, the next gen digital transformation, infrastructure, security and product engineering services company recently announced the acquisition of OSSCube, a U.S. based digital transformation company. With an aim to expand the company’s portfolio of transformative offerings in the consulting-led digital space, this deal would focus especially around open source platforms.
It will also significantly strengthen the company’s ground game in North America, deepen CMO mindshare and build critical mass across the digital offerings stack.
Founded in 2008 by Lavanya Rastogi and Vineet Agarwal, OSSCube provides consulting-led digital transformation and modernization services in the fast-growing areas of cloud, big data, e-commerce, enterprise mobility and open source. It is also an exclusive Enterprise Partner for the open source platform, Pimcore in North America.
“We are delighted to welcome OSS Cube team into the Happiest Minds’ family. We believe that this will further strengthen our leadership in the digital transformation space. The integration of OSSCube will also be an excellent cultural fit with Happiest Minds as both are amongst the few IT Services firms to be ranked as best places to work”, said Ashok Soota, Executive Chairman, Happiest Minds Technologies.
The team of 240 from OSSCube will now be part of Happiest Minds and this will bring the total strength of Happiest Minds to 2400 and active customer base to 170.
“We have made conscious efforts to build a strong market position as a company that has expertise on transformational and disruptive technologies. The acquisition of OSSCube is a strong step forward in this direction” said Sashi Kumar, CEO & MD, Happiest Minds Technologies.
Lavanya Rastogi will now be the CEO of Happiest Minds’ DTES business. She said ““We are excited to be part of one of the fastest growing digital transformation companies. Coming together with Happiest Minds offers us the scale, global reach, complementary skills and expertise, enabling us to offer ever more innovative solutions to our global customers.”
Happiest Minds is on track to being the fastest Indian IT services company to reach $100 million run rate and plans to go public within the next 3 years.