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NTT DATA acquires majority stake in ProvenTech

Press releases may be edited for formatting or style | June 17, 2024 Business Affairs

With the acquisition, a team of more than 350 skilled professionals will extend the 15,300+ employees of NTT DATA Business Solutions. The service offerings of the two companies will be expanded into new pharmaceutical segments to improve both competitiveness and market reach. The global network of NTT DATA with the additional expansion of the NTT Group is intended to serve this purpose.

"Joining the forces with NTT DATA provides us with an exceptional opportunity to scale our operations and extend our global reach," says P. Raju Venkata, CEO of ProvenTech. "I am very much looking forward to working together as one team and to the new opportunities that lie ahead of us."

ProvenTech will become a subsidiary of NTT DATA Business Solutions Private Limited in India and will operate as an independent company after the acquisition, using the brand name 'ProvenTech, an NTT DATA Company'.


About NTT DATA Business Solutions
NTT DATA Business Solutions is a leading global IT service provider focused on SAP with a powerful ecosystem of partners. With more than 35 years of in-depth experience, we enable companies worldwide to become Intelligent Enterprises. We deliver end-to-end solutions that accelerate sustainable growth and success – from strategic consulting and implementation to managed services and beyond. As a global strategic SAP partner, we drive innovation and leverage the latest technologies to support our customers individually and across all industries. Our more than 15,300 dedicated employees in over 30 countries work passionately every day to make it happen.

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