/indianstartupnews/media/agency_attachments/s1FnhAYONODoxNkoC8xA.png)
Follow Us/indianstartupnews/media/media_files/N7NeTABK0vZcMRjjPHPJ.jpg)
Internet service provider Hi-COM Network has acquired Computer Maintenance Agency (CMA), an IT service partner. As part of the acquisition, Hi-COM will establish a 100% subsidiary of the Hyderabad-based management service provider company.
The strategic alliance has been valued at $1 Million, giving Hi-COM an edge in the “IT managed Service “market segment, the company said.
Expanding services through strategic alliance
According to the company's statement, The alliance between Hi-COM and CMA will broaden the range of remedial and value-added services offered. CMA, established in 1993, has been a single-point contact for Multi-Platform HW Maintenance, Multi-Platform System Administration, and SW Services related to DBMS.
The acquisition will enable Hi-COM to leverage CMA’s extensive services, aiming to expand its business portfolio, especially within the MSP business segment for PSU and government sectors.
Leadership insights on the acquisition
Vikas Sharma, Founder and Director of Hi-COM, said, “We are excited to welcome CMA to the Hi-COM family. This new expansion will help us strengthen our MSP business segment, especially for PSU and government segment. With their comprehensive on-site maintenance services, we look forward to expanding our business portfolio. With CMA’s extensive services and our in-house leadership team’s combined experience of more than 200 years, we are targeting 10X growth within the next 3 years.”
Naidu, Business Head of CMA, shared, “We are excited to work with Hi-COM, and we are confident that our combined experience will create even more value for our customers. We look forward to working together to continue to innovate and deliver high-performance computing solutions that meet the needs of our customers around the country.”
What does Hi-COM Network do?
Hi-COM Network assists organizations by offering ILL, Broadband, and P2P connectivity based on their needs and helps in resolving complicated business issues so that they may fulfil their corporate objectives.
The company has established a licensed and trained consulting, sales, and services team that delivers best-of-breed solutions from across the information technology spectrum, including structured cabling, software, storage, networking, security, voice, and video.
What does the Computer Maintenance Agency do?
Computer Maintenance Agency, founded in 1993 by a team of professionals from Digital Equipment (India) Ltd., Hinditron Computers Pvt Ltd., and Electronics Corporation of India Ltd., has been a pioneering 3rd party Maintenance Agency in India.
Focused on providing a single point of contact for Multi-Platform HW Maintenance, Multi-Platform System Administration, and SW Services relating to DBMS, CMA has been providing Comprehensive On-site Maintenance throughout India for Multi-Vendor Computer Systems and Multi-Vendor Operating Systems and Heterogeneous NW Equipment.
Also Read: