Acquisition empowers Prodapt to further strengthen its position as a global player in the Communications industry
Prodapt, a leading provider of IT and Engineering services today announced that it has completed the acquisition of VDVL Consultants, a Netherlands based Telecom IT and Technology Services Company in an all-cash deal.
VDVL Consultants, over a span of 25 years, has built a strong track record by servicing most of the large telecom operators in The Netherlands. The company provides Telecom IT specific high-end Strategic Consulting, Technology Architecture & Design, Business Process Analysis and Definition, Test Planning & Management, and Program Management Services. VDVL has a highly experienced team with deep telecom skills, sustainable client relationships and solid financials. The existing management of VDVL will continue with the company.
With the completion of this acquisition, Prodapt becomes a leading global services company serving the telecom industry. The strategic acquisition complements Prodapt’s proven capabilities of delivering IT and Operations Services for the Communications Industry and enhance its revenue mix, with approximately 50% from North America, 45% from Europe and 5% from Africa. The combined offerings bring end-to-end IT and operations services – from telecom product strategy to managed services.
In 2015, the company plans to focus on enhancing its position with investments in next generation technologies impacting the telecom vertical. These would include the productization of Prodapt’s platform serving the Internet of Things (IoT) and development of Prodapt’s big data and analytics practice serving the communications sector.
“This acquisition is a significant moment for Prodapt. Now, we have become a leading global services company serving the telecom industry. This consolidation will strengthen our delivery capabilities for both wireline, wireless and convergent operators; especially in the area of BSS/OSS and network integration solutions. We are looking at further acquisitions that could help enhance our offerings to the telecom vertical” said Vedant Jhaver, CEO of Prodapt.
In the recent past, Prodapt has ramped up its Indian operations and boosted its employee strength with growing business from US and Europe in the last few quarters.
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