 "Persistent Systems to acquire US-based Akumina")
Genwi, which has office in Bangalore as well, has clients such as IBM, Tesla, American Express and CA among others.
"Generation Wireless was the inspiration for Genwi; with the advent of smartphones, tablets and other mobile devices our goal is to help businesses build new experiences and extend their reach to wherever the connection points with audiences are. This digital mission has driven us every day and we know our platform will help build the software-driven experiences that are key to the digital transformation of Persistent's customers," said Rahul Patel, Founder and CEO of Genwi.
Read more from our special coverage on "PERSISTENT SYSTEMS"
Genwi has investment from players such as Nexus Venture Partners, Inventus Capital Partners, Elevation Partners, Floodgate and Quest Venture Partners. The company has raised around $5 million so far.
"Our strong differentiator is the 'how' of digital, and as such we are keeping laser-focused on bringing together data, APIs and experiences for our customers to become digital. Genwi's leadership team, its platform to build experiences and its marketing system adds to our unique solution and architecture that drives our customers' transformation to software-driven business," said Sudhir Kulkarni, President Persistent Digital.
Persistent has been on an acquisition drive as it builds its digital portfolio. In Januray this year, it announced the acquisition of two units of US-based cloud software firm Citirix Systems-- CloudPlatform and CloudPortal Business Manager. In 2015, the company had acquired Akumina, Convirture, RGen Solutions, and Aepona Holdings and its five subsidiaries from Intel.
