Savex Technologies to buy Inflow Technologies for an undisclosed sum

Savex Technologies to buy Inflow Technologies for an undisclosed sum
May 07, 2021
×
Inflow Technologies, a niche player in the IT infrastructure distribution services market in India and South Asia, has revenues of about $350 million (about ₹2,586 crore)
Mumbai-headquartered Savex Technologies, India’s third largest Information and Communication Technology (ICT) distributor, has signed an agreement to acquire Bengaluru-based Inflow Technologies Pvt Ltd for an undisclosed sum.
Under the contours of the deal, Savex will immediately acquire a significant majority in Inflow Technologies and the remaining stake will be acquired over the next two years. Following the deal, revenues of Savex Technologies’, which competes with companies such as Redington India and Ingram Micro, will immediately rise to about $3 billion from $2.5 billion.

Related Keywords

Singhi ,Chhattisgarh ,India ,Bengaluru ,Karnataka ,Bimal Raj ,Byju Pillai ,Savex Technologie ,Uniserved Tech Solutions Pvte Ltd ,Ingram Micro ,Mcafee ,Communication Technology ,Inflow Technologies Pvt Ltd ,Mumbai Headquartered Savex Technologies ,Bengaluru Based Inflow Technologies Pvt Ltd ,Inflow Technologies ,Savex Technologies ,Redington India ,South Asia ,Palo Alto ,Singhi Advisors ,Managing Director Byju Pillai ,Anil Jagasia ,சிங்கி ,சத்தீஸ்கர் ,இந்தியா ,பெங்களூரு ,கர்நாடகா ,பிமல் ராஜ் ,ப்யஜு பிள்ளை ,இஂக்ரம் மைக்ரோ ,அம்கஃபீ ,தொடர்பு தொழில்நுட்பம் ,வரத்து தொழில்நுட்பங்கள் பிரைவேட் லிமிடெட் ,வரத்து தொழில்நுட்பங்கள் ,ரெடிங்டன் இந்தியா ,தெற்கு ஆசியா ,பாலோ ஆல்டோ ,