MOURI Tech Strengthens APAC Presence With Versant Systems Acquisition

KUALA LUMPUR, June 4 (Bernama) -- MOURI Tech LLC, a global enterprise information technology (IT) services provider, announced the acquisition of Versant Systems Pte Ltd, a Singapore-based IT services company.

This strategic move marks a significant milestone in MOURI Tech's expansion strategy, as it strengthens the company's presence in the Asia Pacific (APAC) region and meets the growing demands of its global clientele, according to a statement.

“With Versant's expertise in manufacturing and logistics sectors along with our diverse portfolio, we believe that we are well-positioned to provide enhanced services and solutions to our clients worldwide," said MOURI Tech Global Chief Executive Officer (CEO), Anil Yerramreddy.

Meanwhile, Versant Systems CEO, Sashidhar Bandi said joining forces with MOURI Tech opened up opportunities for the company, particularly in expanding its research and development (R&D) capabilities.

The acquisition of Versant Systems not only expands MOURI Tech's global footprint but also enables it to enhance its service capabilities and strengthen its position in the APAC region.

It provides Versant Systems with access to MOURI Tech's Centre of Excellence, enabling them to leverage best practices and innovative solutions.

Additionally, this move enables both companies to benefit from cost arbitrage in the changing global market scenario, ensuring a competitive edge in the industry.

Established in 2005, MOURI Tech endeavours to offer innovative solutions and unwavering commitment to client success, striving to deliver valuable results for a wide range of industries, including Fortune 500 companies.

-- BERNAMA