AGC Networks, a Mumbai-based communications software provider, has received an approval for the acquisition of the business of technology integration focused on unified communications, data center infrastructure and managed services from Transcend United Technologies, a US Company. The board of company at its meeting held on March 15, 2013 has approved for the same. The acquisition will be done by AGC Networks Inc., the company’s US based subsidiary. This acquisition will offer the company a wide footprint in North America which is in line with its strategy for globalization.
Transcend United Technologies, having annual revenue of about $43 million and 130 employees, is a solution provider and technology integrator focused on unified communications, data center infrastructure and managed services. Transcend maintains its offices across East coast, Mid-West and Central US.
AGC Networks Inc. is a US based technology integrator offering a range of solutions that include unified communications, network infrastructure, information security, data center and enterprise applications.
AGC Networks is India’s leading intelligent communications solution provider delivering business solutions that help organizations accelerate revenue growth, increase market penetration, optimize operating costs and improve employee productivity, by embedding communication in their business processes.
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