Aditi Technologies Acquires Cloud Computing Startup – Cumulux

        Software products developer – Aditi Technologies has acquired Seattle based cloud computing startup Cumulux.

Cumulux was founded in 2008 by former Microsoft employees Paddy Srinivasan and Ranjith Ramakrishnan. It provides cloud computing services to customers such as US automaker Ford Motor, power generation equipment maker General Electric and Unicef, the United Nations Children’s Fund.

Aditi Technologies is a Bangalore- based solutions and product R&D partner for software businesses and financial services enterprises. It offers high end consulting, technology and application development services to enterprise clients on the Microsoft platform.

 This acquisition will help the company offer cloud solutions to customers such as Swiss bank UBS, Royal Bank of Scotland, Nomura and Barclays Capital.

In 2007, the company had acquired the intellectual property rights of MindAlign 6, an application meant for enterprise group chat from Parlano.

There have been a number of M&A transactions in the cloud computing space. In september, Chennai based cloud computing firm – Vembu Technologies acquired CloudNucleus, in a deal valued at around $10 Mn. Some time ago, Citrix acquired Bangalore-based cloud start-up, VMLogix.

Other cloud computing solution providers in India include Zenith Infotech’s PROUD, TCS’s ITaaS, Chennai-based OrangeScape’s OrgangeScape Cloud, Cynapse India’s Cyn.in, Mumbai-based Synage’s DeskAway, TCS’ ITaaS and Infosys Technologies’ cloud based solution for auto sector, among others.

Regards,

Venkatesh.K