Rolta Makes Strategic Acquisition of AdvizeX, USA

Rolta Makes Strategic Acquisition of AdvizeX, USA PR Newswire MUMBAI, November 6, 2012 MUMBAI, November 6, 2012 /PRNewswire/ -- Rolta, a leading provider of information technology consulting, solutions and services, today announced the acquisition through its wholly-owned subsidiary, Rolta International, Inc., of AT Solutions Group, LLC, the parent of AdvizeX Technologies, LLC ("AdvizeX"), a US company that provides total solutions consisting of hardware, software, and specialized advisory and technology services for implementing cutting-edge IT strategies like Cloud computing and Virtual Data Centers. The consideration for this transaction is about US$ 32 million, including escrows and earn-outs. http://photos.prnewswire.com/prnh/20121023/570667 This acquisition brings to Rolta a strong portfolio of products and services, over 2500 active customers, a large technology-enabled work force, and very robust partnerships with industry leaders. Established in 1975, AdvizeX is headquartered in Cleveland, Ohio with corporate management in Boston, Massachusetts, and 12 regional offices in the US. AdvizeX has a world-class 'Center of Excellence' with an exceptional capability to work with customers to interactively evaluate options for achieving optimal business performance.