Rolta acquires Orion Technology Inc of Canada
Mumbai, July 6: Rolta, a leader in providing knowledge-based comprehensive IT solutions, today announced that it has acquired Orion Technology Inc, a Canadian software and integration company specialising in enterprise web-GIS solutions.
This is a strategically important acquisition that enables Rolta to own exceptional technologies for taking its GIS offerings to the next level of sophistication. Orion employs innovative technologies that allow users to connect to and integrate complex geospatial and non-spatial data from disparate sources.
Rolta, therefore, will provide a unique capability to its customers for turning their existing GIS investments into true enterprise solutions, in an extremely user-friendly and cost-efficient manner.
Rolta expects to generate revenue of the order of USD 100 million in the next three to five years by integrating the technologies now acquired, with Rolta solutions.
Rolta Group chairman and CEO K K Singh said ''With this acquisition, we have significantly expanded our capabilities to provide state-of-the-art products and services. We will now be able to provide unique solutions that offer high returns on customers' investments in GIS. This intellectual property also gives us an exceptional platform to develop new solutions for a clientele well beyond the segments traditionally served by Rolta and Orion, such as for mobile applications.''
UNI


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