GrayMatter Software Services Oy acquires Talents Technology Oy, Finland in a quasi-acquisition deal to jump start operations in Finland. This transaction demonstrates intent and speed of execution shown by GrayMatter worldwide towards ramping up their global R & D operations in Finland.
The Airport Analytics (AA+) product is already on the global map with a few strategic deployments establishing the product solution as a game-changer for the Airport industry. Tekes grant (Tekes is the Finnish Funding Agency for Innovation) for the product innovation R&D of AA+ only highlights the market potential of Airport Analytics solution and is poised to take the product to its planned leadership position. Towards this goal the Talents team with its exemplary record is ideally placed to deliver desired results. One of the factors for this acquisition was the perfect fit that Talents Technology team bought to the table in terms of knowledge and skill sets.
Vikas Gupta, CEO for GrayMatter worldwide, emphasized that “This acquisition is a great synergy and partnership wherein minds and vision meet. The capability & skills showcased by Andy’s team is exactly what we need to build our global products & solutions. Andy is a fabulous guy and the team complements our global vision for product innovation and strategic Big Data Analytics & Data discovery solutions worldwide”
The acquisition process is now complete with seamless integration of the teams with Andy Kozak, (former Managing Director) Talents Technology Oy elaborating “We believe this partnership and integration with GrayMatter is a step forward for us towards expansion into the global markets with an experienced International player who has a formidable presence in markets like USA, EMEA & Asia “.
The Helsinki Business Hub team has been key for the growth of GrayMatter team in Finland with some solid ground support and validation of important information whenever required. It was no different in this transaction and the support has been ongoing.
“Very happy to see foreign companies thrive here in Helsinki. The Talents acquisition is yet another successful stepping-stone for GrayMatter in its quest to establish a global R&D center here”, says Micah Gland, deputy CEO of Helsinki Business Hub.”
GrayMatter Software Services Oy established in 2013, is a wholly owned subsidiary of GrayMatter Software Services Private Limited in India. An ICT consultant and solution provider with core focus on business intelligence, data analytics, Big Data, DWH modelling, data discovery and reports optimization. GrayMatter is known for its innovative industry-specific analytics products and best-in-class solutions in BI services, using best-of-breed technologies and guaranteeing significantly higher returns to clients. The company is headquartered in Bangalore, India with global offices in USA (Texas), Hungary (Budapest), UK (London) and Middle-east (Abu Dhabi). http://www.graymatter.co.inTalents Technology Oy was founded in the year 2002 in Finland with core focus on Business Intelligence professional services having key customers like Nokia a part of their portfolio. The Talents team build on several years of experiences of some of industries accomplished professionals and partner companies in Central and Eastern Europe. On the foundation of simplicity, openness and honesty Talents Technology Oy have become a strong player in the IT and Telecom consultancy market.
Related articles:
5G – The past, present, and future of the mobile industry evolution
Fleet Management Market Worth $35.35 Billion by 2019
Fleet Management Market Worth 22.35 Billion USD by 2020
Location Analytics Market Worth 14.3 Billion USD by 2020 
Continental and HERE team up to map out the future of vehicle connectivity
Tensing Reaches Esri Gold Partner Status
