7.80 (2.02%) R Systems International has completed the acquisition of 100% equity shares of Velotio Technologies (Velotio) on July 03, 2023. 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. Earlier, the company had signed definitive agreements to acquire Velotio Technologies.
R Systems International is a software product development and BPO services company.