National system integrator for IT major Microsoft, Aditi Technologies, today announced the acquisition of cloud computing company Cumulux for an undisclosed amount.
"Aditi is betting its business on the cloud. We are excited to join forces with Cumulux. This partnership makes us the leader in Azure-based transformation," Aditi Technologies CEO Pradeep Rathinam said in a statement.
With this acquisition, Aditi will drive the transformation of applications and workloads to the cloud, it added.
"To accelerate the adoption, we are investing $5 million in Azure Acceleration Lab -- an Azure-based rapid application development offering," Rathinam said.
Aditi and Cumulux will hire and train over 130 cloud developers to create a cloud services platform, the statement said.
Cumulux CEO Paddy Srinivasan has joined Aditi's cloud advisory board and will continue to drive and build the Azure business for Aditi.
"I am incredibly excited and look forward to replicate and amplify Cumulux's proposition at a global scale with Aditi," Srinivasan said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
