Happiest Minds Technologies, an Indian provider
of digital transformation, infrastructure, security and product engineering services, has announced the acquisition of OSSCube
, a US-based digital transformation company. With this acquisition, Happiest Minds plans to expand its portfolio of transformative offerings in the consulting-led digital space, especially around open source platforms.
The company also believes that this will significantly strengthen its ground game in North America, deepen CMO mindshare and build critical mass across the digital offerings stack.
“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. Additionally, we expect this strategic decision to accelerate our go-to market capabilities in North America. I welcome the entire team of OSSCube on board,” said Sashi Kumar, CEO and MD, Happiest Minds Technologies.
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. The firm is headquartered in Houston, Texas, with operations in North America, Europe, and Asia.
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. Lavanya Rastogi will now be the CEO of Happiest Minds’ DTES business.
“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. We believe that the great cultural fit, market place synergies and critical mass of Consulting & IP lead offerings will unlock tremendous value for all our stakeholders,” said Lavanya Rastogi, Co-founder and CEO, OSSCube.
Happiest Minds aims to reach $100 million run rate and plans to go public within the next 3 years.