MOURI Tech acquires Vertisystem to expand IT service capabilities
MOURI Tech, a leading global provider of enterprise IT solutions, has announced its strategic acquisition of Vertisystem Inc., a specialized IT services company based in the USA that focuses on the gaming and hospitality industries. This acquisition is set to enhance MOURI Tech’s service offerings and significantly broaden its presence both in the USA and India, particularly in Indore, a Tier II city known for its growing tech sector.
By acquiring Vertisystem Inc., MOURI Tech aims to strengthen its managed service provider (MSP) portfolio and extend its market reach within the critical sectors of gaming and hospitality. Vertisystem, established in 2008 and headquartered in California, has carved a niche in optimizing IT infrastructure for businesses, especially in the gaming and hospitality sectors, making it a valuable addition to MOURI Tech’s expansive service offerings.
The integration of Vertisystem into MOURI Tech’s operations is anticipated to boost the company’s global delivery capabilities, with significant expansions in the United States and India. This move aligns with MOURI Tech’s strategic goals of enhancing its global presence and providing robust IT solutions across various industry verticals.
Anil Yerramreddy, CEO of MOURI Tech, expressed enthusiasm about the acquisition: “We are thrilled to welcome Vertisystem to the MOURI Tech family. This move enriches our MSP portfolio with Vertisystem’s experience, thereby enhancing our service offerings to clients. With this acquisition, we aim to broaden our market reach across key industry verticals, including gaming and hospitality. Together, we will strive to leverage our combined strengths to drive innovation and deliver value to our clients.”
Rakesh Sadhwani, CEO of Vertisystem, also commented on the merger, highlighting the benefits for both companies: “Teaming up with MOURI Tech is exciting and represents a tremendous opportunity for Vertisystem to offer a broader portfolio of IT services and innovative solutions to our clients, backed by MOURI Tech’s scalable, strong workforce, and global presence. We are excited about the possibilities that this partnership brings and are committed to ensuring a seamless integration for our clients and employees.”
The transaction was advised by Ernst & Young (EY) LLP, which acted as the financial advisor to Vertisystem Inc. This advisory role underscores the strategic importance of this acquisition, which is expected to foster innovation and enhance business growth by integrating advanced AI solutions and digital transformation services from MOURI Tech.
This acquisition marks a significant milestone for MOURI Tech as it continues to expand its footprint globally, particularly in the rapidly evolving sectors of gaming and hospitality, ensuring the company remains at the forefront of technological advancements and client satisfaction in these industries.