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Ness Digital Engineering completes acquisition of Raja Software Labs (RSL) to strengthen product engineering capabilities

Dec 04, 2024•about 1 year ago

Acquiring Company

Ness Digital Engineering

Acquired Company

Raja Software Labs

New YorkSaratogaConsultingInformation TechnologySoftware

Description

Ness Digital Engineering, a global full-lifecycle digital services transformation company, has announced the acquisition of Raja Software Labs (RSL), a Silicon Valley-based product engineering company specializing in high volume mobile, web, and IoT applications. This acquisition strengthens Ness's data and product engineering capabilities, particularly in the Technology, Media, and Telecom (TMT) sector.

Company Information

Company

Ness Digital Engineering

Location

New York, New York, United States

About

Ness Digital Engineering is a full-lifecycle digital engineering firm offering digital advisory through scaled engineering services. Headquartered in New York, Ness serves our customers across 11 innovation hubs in the US, Eastern Europe, and India. Combining our core competence in engineering with the latest in digital strategy and technology, we seamlessly manage Digital Transformation journeys from strategy through execution to help businesses thrive in the digital economy. In 2022, global investment firm KKR acquired a 100% stake in Ness Digital Engineering.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed