Tag Archives: m&a

Pune based @Clogeny Technologies acquired by US based MSys Technologies

(Sorry, this news is being posted here a little late; I was on vacation when this news broke, and decided that a late update is better than no update at all.)

According to a press release:

MSys Technologies, a Georgia, US-based company that provides technology and product engineering services in storage, cloud computing, embedded systems, telecommunications, quality assurance, test automation, and technical support, has announced that it has entered into an agreement to acquire Clogeny Technologies, based in Pune, specializing in storage, big data, cloud computing, and DevOps

Here are further relevant excerpts from the press release:

About MSys Technologies

MSys was founded in 2007 in Chennai, India by CEO, Sanjay Sehgal. After gradually progressing through technology projects for several clients, mostly from the United States, the company established two additional locations: one in Johns Creek, Georgia and the second one in Bangalore, India.

MSys has close to 300 employees with exceptional technical expertise in all the industry verticals they serve. With several directors of engineering, senior managers, and technology managers, the company has a proven delivery team most suited for undertaking high-level technical projects. Since its inception in 2007, MSys has shown remarkable financial growth. MSys has had several clients from both the United States and Europe. The decision to acquire Clogeny came up as part of an expansion plan for MSys through which it could serve a larger client base with varied requirements.

About Clogeny Technologies

Clogeny Technologies was established in 2009 as a private company headquartered in Pune, Maharashtra, India. The company was established by CEO, Kalpak Shah, and CTO, Chirag Jog. Clogeny is an outsourced product development and software services company with expertise in DevOps, storage, cloud computing and Big Data. Since its inception, Clogeny has served 35+ customers and has created a differentiated set of offerings in cloud, storage, and DevOps domains.

See full press release.