KKR-backed Aricent acquired SmartPlay Technologies.

KKR-backed Aricent, a pure-play product engineering services firm, acquired SmartPlay Technologies, a fast-growing product engineering services firm. Financial terms were not disclosed. "Joining Aricent is a great cultural fit for the SmartPlay team, given our shared belief in high-quality, high-value product engineering services," said Pradeep Vajram, co-founder and CEO of SmartPlay. "We can now deliver a more powerful proposition to clients across industries that need smart silicon and embedded software to accelerate their R&D initiatives."