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R Systems International signs agreements to acquire Velotio Technologies

07 Jun 2023 Evaluate

R Systems International has signed definitive agreements to acquire Velotio Technologies (Velotio), an India-based product engineering and digital solutions provider. With a team of over 300 engineers, Velotio combines complex engineering, data expertise, cloud-native, and design capabilities to build innovative products for global customers, including NASDAQ-listed enterprises, and high-growth companies. 

With this acquisition, the company will be able to deepen its product engineering capabilities in verticals such as technology, media, and healthcare and horizontals such as Cloud, DevOps, Data Engineering, and Generative AI. Further, it will also expand India delivery presence to Pune, a hub for product engineering talent.

R Systems International is a software product development and BPO services company.

R Systems Intl. Share Price

309.10 6.80 (2.25%)
08-May-2026 16:59 View Price Chart
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Company Name CMP
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