EQT-backed Indium Acquires Majority Stake In Experion
Acquisition strengthens Indium’s product engineering expertise, expands its geographical footprint and enhances industry expertise
Indium, an artificial intelligence-driven digital engineering company that’s backed by EQT, said that it has signed a definitive agreement to acquire a majority stake in Experion, a global product engineering services company with clients across North America, United Kingdom, Europe, Australia and Japan.
“The synergies and complementary capabilities of Indium and Experion will meaningfully amplify our ability to deliver superior digital and product engineering solutions to customers. We are confident of unlocking multiple new opportunities with both existing and new clients, and have set a revenue target of USD 150 million for the next financial year,” said Ram Sukumar, Co-founder, Indium.
Founded in 2006, Experion claimed to have strong capabilities across product strategy, engineering, cognitive computing, platform engineering and experience design, enabling clients to design, develop, deploy and maintain products and platforms with intellectual property.
“We are thrilled to be part of the EQT-Indium family, and Experion stands to benefit immensely from Indium’s market presence, diverse range of offerings and extensive experience working with global enterprises,” said Binu Jacob, Co-founder, Experion Technologies.
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