TE4B Business Assets Acquired by Version 1 to Enhance Global Delivery Model with Bangalore Center of Excellence

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Bangalore, Karnataka, India (NewsView)

TE4B announces today (March 20, 2019) that its business assets have been acquired by cloud and digital specialists version 1. The addition of TE4B will double the offshore delivery capacity of version 1, improving its global delivery model with a second center of excellence in India.

TE4B Founder and CEO Srihari Vedante said, “We are proud to join Version 1, a like-minded company focused on customer success, simplifying the digital journey and with a shared commitment to values. commons, integrity and putting customer first.

Commenting on the announcement, Tom O’Connor, CEO of Version 1, said: “We are delighted to welcome the highly skilled TE4B team into Version 1 and enhance our global delivery model with our second hub. of excellence in India, which enables us to better serve our evolving customers. With TE4B joining the Version 1 family, they will help deliver a diverse range of projects and services to our clients including: digital technology activation, enterprise resource planning and cloud migration. Version 1 paves the way for the digital transformation of the business and we are excited for the opportunity to further support our clients’ goals with the addition of our new colleagues from TE4B. ”

The addition of TE4B brings the total number of version 1 employees to 1,300 with 100 employees based in two centers in Pune and Bangalore.

TE4B Founder and Managing Director Srihari Vedante has been appointed to the Release 1 leadership team. He will continue to provide day-to-day operational leadership and contribute to the integration and growth of Indian operations. from version 1.

Version 1’s growth strategy is focused on strengthening its presence and capacity in key markets through strategic acquisitions and organic growth. The acquisition of the business assets of TE4B is the third investment announced by Version 1 over a ten-month period, including the acquisitions of Presidion, a Dublin-based data analytics specialist, and Cedar Consulting, a business transformation specialist. human resources based in London.

About version 1

Version 1 proves that IT can make a real difference to our customers’ businesses. Global brands trust us to provide IT services and solutions that drive our customers’ success. Our team of 1,300 people work closely with our technology partners to provide independent advice that helps our clients navigate the rapidly changing world of IT. Our greatest strength is balance in our efforts to achieve the success of our customers, empowered people and a strong organization, underpinned by a commitment to our values. We believe this is what makes version 1 different and more importantly our customers agree.

Find out more: www.version1.com.

Image 1: Interaction with Nasscom executives and key customers

Image 2: Founder and Managing Director of TE4B, Vedante Srihari PWR
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