Ricoh India announces business acquisition in the IT sector

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Ricoh India announces business acquisition in the IT sector

Close on the heels of achieving manifold expansion by offering comprehensive office solutions, new products to enhance customer satisfaction, Ricoh India Limited has acquired Momentum Infocare Private Limited. This is Ricoh India's first business acquisition in the Information Technology sector. The business acquisition will entail that Ricoh India will acquire the competency knowledge and skills of Momentum Infocare to offer a comprehensive range of IT enabled services.

Tetsuya Takano, Managing Director and Chief Executive Officer, Ricoh India Limited remarked, "With the changing business environment, customers are looking for products and services that offer quality, increase efficiencies, and have short turnaround time with prompt after-sales service. The fast-changing Information technology has brought about drastic changes in the working of any organization. Ricoh has completely aligned itself with this transformation. As part of our global mandate and strategy, Ricoh has been making rapid strides in offering advanced solutions by acquiring the skill set and technological knowledge that help our clients to deliver better results. Ricoh envisages over 25% of our new businesses coming from such synergies. The markets for Ricoh US and Europe have also grown phenomenally primarily because of such initiatives".

Gurprit Singh, Director, Momentum Infocare remarked, "We think that now is the right time to join forces with Ricoh India Limited, because there is a huge opportunity to leverage each other's strengths and achieve our long term vision of becoming leading system integrators in the country, delivering happiness to customers, employees, and vendors. Ricoh's presence across the country and strong leadership team would ensure that together we are able to achieve this much faster".

For More Details See

www.varindia.com

Comments

Post a Comment

Popular posts from this blog

N Chandrasekaran appointed chairman of Tata Sons

Image
The board of directors of Tata Sons, at its meeting has unanimously appointed N Chandrasekaran as executive chairman, Tata Sons. N Chandrasekaran shall take charge from February 21, 2017. The board of Tata Sons said, “Chandrasekaran has demonstrated exemplary leadership as the chief executive officer and managing director, Tata Consultancy Services. We believe he will now inspire the entire Tata group to realise its potential acting as leaders in their respective businesses, always in keeping with our value system and ethics and adhering with the practices of the Tata group which have stood it in good stead.” Chandrasekaran was the chief executive officer and managing director of Tata Consultancy Services since 2009. A Tata lifer, he had joined the company in 1987 and was appointed as a director on the board of Tata Sons on October 25, 2016.
Read more

Visa buys NFT based CryptoPunk and paid $150,000 in Etherium

Image
Visa buys NFT based CryptoPunk and paid $150,000 in Etherium:  Leader in the digital payments   Visa   has purchased a digital CryptoPunk for $150,000, marking the company's first ever   NFT   purchase. The deal is clearly shows that, Visa is stepping into the world of NFTs with its purchase of   CryptoPunk 7610 .   Going forward, NFTs and Visa to align and integrate them in new brand strategy to gain a sizable market share. However, NFTs have often been compared to physical collectible items like rare trading cards and works of art.   The CryptoPunk 7610, which feBlatures a female punk with a mohawk and large green eyes. "We envision there could be a future where your crypto address becomes as important as your mailing address," Visa's Head of Crypto said.   An NFT - which stands for non-fungible token - is a unique digital asset designed to represent ownership of a virtual item. Unlike bitcoin and other cryptocurrencies, NFTs can’...
Read more

Prizm Payment Services changes its name to Hitachi Payment Services

Image
Hitachi Payment Services Pvt. Ltd has changed its corporate name from Prizm Payment Services Pvt. Ltd (“Prizm Payment Services”) to Hitachi Payment Services Pvt. Ltd (“Hitachi Payment Services”). “The new name reflects Hitachi’s commitment to business expansion in India, and to build a strong global financial payments offering leveraging the expertise of the Prizm Payment Services acquisition. Hitachi sees immediate potential to grow in the Asian subcontinent markets with the epicentre of growth being India, and migrate into other markets. Also, the name change will have no change on Prizm Payment Services’ operations,” said Loney Antony, Managing Director, Hitachi Payment Services. “Hitachi had acquired Prizm Payment Services with the aim of accelerating global development of IT services businesses targeting financial institutions, particularly in the fast-growing Asian region, and the company has been the gateway of entering into the services business in India for Hitachi. We ...
Read more