Ness Digital Engineering Acquires Intricity: A Strategic Move to Enhance Data Offerings
Ness Digital Engineering has acquired Intricity, strengthening its data strategy and advisory capabilities. This acquisition enables Ness to bolster its offerings for global Fortune 1000 clients, leveraging Intricity's strategic alliances with Snowflake and Databricks. Zinnov served as the exclusive financial advisor for this deal.
Ness Digital Engineering, a prominent global digital services transformation company, has acquired Intricity, a specialized technology service provider in business intelligence, data strategy, and warehousing. This acquisition enhances Ness' capabilities, enabling it to offer enriched data services to its global Fortune 1000 clientele, and fortifies its strategic partnerships with industry leaders Snowflake and Databricks.
"Ness has always been at the forefront of data engineering. Incorporating Intricity's robust data strategy and advisory services further empowers us," remarked Ranjit Tinaikar, CEO of Ness Digital Engineering. "We are thrilled to integrate Intricity's talented team into our fold, combining our strengths for heightened client value."
Zinnov, the global management and strategy consulting firm, facilitated this acquisition as an exclusive financial advisor. Anand Kalra, Principal at Zinnov, noted the growing demand for data modernization and monetization, particularly within the Databricks and Snowflake ecosystems. He emphasized that acquisitions like Ness' move with Intricity signify a continuing trend in specialized data management firms' M&A activities.
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