China's CDC Software Acquires Indian Outsourcing Firm - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Software // Enterprise Applications

China's CDC Software Acquires Indian Outsourcing Firm

The Chinese company has acquired an Indian firm that has been successfully supplying IT services for several blue-chip U.S. firms.

In the deal, CDC Software, a unit of CDC Corporation of China, acquired Horizon Companies, an India-based IT outsourcing firm that supplies its Mumbai, India, services to U.S. and Canadian firms through its New Jersey headquarters.

"With the addition of Horizon, we now have over 500 consultants in this line of business," said Rick Marquardt, CDC Software president, in a statement Monday. "We expect to cross-train these consultants in the suite of Ross, Pivotal, and IMI products offered through software."

CDC Software has been on an acquisition tear in recent months, earmarking $212 million in net cash for acquisitions. Last month, CDC acquired JRG Software, which provides on-demand supply chain planning solutions.

Computer Horizons' CEO Shirish Nadkarni pointed out that his firm's 200 IT consultants are experienced with ERP packages including SAP, Oracle, and JD Edwards, as well as with CRM packages like Siebel. In a statement, he said: "Our customers will certainly benefit from the wider range of experiences and depth of resources we can draw upon through CDC Software."

Horizon was founded in 1989. The firm said it has a 17-year track record of profitable operations. Horizon supplies its IT services also to Dendrite International, Emerson Power, Henry Schein, and YSI as well as to privately-held firms like Inductis and Opera Solutions.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
News
The State of Chatbots: Pandemic Edition
Jessica Davis, Senior Editor, Enterprise Apps,  9/10/2020
Commentary
Deloitte on Cloud, the Edge, and Enterprise Expectations
Joao-Pierre S. Ruth, Senior Writer,  9/14/2020
Slideshows
Data Science: How the Pandemic Has Affected 10 Popular Jobs
Cynthia Harvey, Freelance Journalist, InformationWeek,  9/9/2020
White Papers
Register for InformationWeek Newsletters
Video
Current Issue
IT Automation Transforms Network Management
In this special report we will examine the layers of automation and orchestration in IT operations, and how they can provide high availability and greater scale for modern applications and business demands.
Slideshows
Flash Poll