Noventiq to acquire G7 CR Technologies.

Noventiq, a global digital transformation and cybersecurity solutions and services provider, agreed to acquire G7 CR Technologies, a global information technology, consulting, and cloud services company. Financial terms were not disclosed. "We are extremely happy to welcome G7 CR team to Noventiq. This transaction represents our fourth acquisition in this country which shows how important it is for our strategy to continue to invest in India, for India. Our goal is to have a $1Bn business in India in the mid-term, and thanks to the incorporation of successful organisations like G7 CR, this goal will become a reality soon. This acquisition is particularly important because through G7 CR we will be able to boost our Microsoft Azure services business, as well as better access India's vibrant sector of high-tech companies and start-ups," Sergey Chernovolenko, Noventiq CEO.