Acsia Technologies acquires German software start-up Arctictern
Thiruvananthapuram: Acsia Technologies Private Limited (Acsia), a global automotive software technology and research company based out of Technopark in Thiruvananthapuram, has acquired Arctictern Solutions GmbH (Arctictern), a German automotive software services startup.
The acquisition is part of Acsia’s expansion plans in the global automotive software and technology market. Germany being an automotive hub, this acquisition can give a major fillip to Acsia’s business activities across the region.
Speaking on this acquisition, Jijimon, the Founder & CEO of Acsia, said, “Acquiring Arctictern is a decision that we made as part of executing the business strategy and thus expanding our global customer footprint. The acquisition will also allow us to offer world-class engineering and consulting services closer to customers in the region.“
Datta Hegde, founder of Arctictern, said, “Acsia has an excellent set of technology leaders and automotive domain specialists who can help add value to our customers, more so here in Europe.” Mathrubhumi
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