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Canarys Automations acquires 51% of Fortira Inc.

Apr 22, 2025

Acquiring Company

Canarys

Acquired Company

Fortira

BengaluruPrincetonSoftwareSoftware

Description

Canarys Automations Limited has successfully acquired a 51% stake in Fortira Inc., marking a significant milestone in its North American expansion. The deal, valued at USD 5 million, aims to enhance Canarys' capabilities in AI and ML. Canarys plans to acquire the remaining 49% stake over the next three years. This acquisition is aligned with Canarys' vision to be a leading global technology solutions provider.

Quick answer

Canarys is acquiring Fortira, announced April 22, 2025. Canarys is based in Bengaluru, Karnataka, India.

How much did Canarys pay for Fortira?
The deal value was not disclosed.
What does Canarys do?
Canarys is a leading IT solutions provider with over 30 years of existence in the industry.
Where are Canarys and Fortira based?
Canarys is based in Bengaluru, Karnataka, India. Fortira is based in Princeton, New Jersey, United States.
Who are the decision-makers at Canarys?
Fundz holds 1 contact at Canarys. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Canarys

Location

Bengaluru, Karnataka, India

About

Canarys is a leading IT solutions provider with over 30 years of existence in the industry. Our expertise lies in enabling digital transformation for businesses through our comprehensive range of software solutions in the space of Digitalization, Modernization, Automation and Intelligence. With a team of 500+ technology solutions professionals, we are committed to delivering innovative and tailored solutions to meet our client needs.

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Frequently asked

Who acquired Fortira?

Fortira was acquired by Canarys, based in Bengaluru. The deal was reported on April 22, 2025. Canarys is a leading IT solutions provider with over 30 years of existence in the industry. Canarys is privately held and operates in Software.

When did Canarys acquire Fortira?

Canarys's acquisition of Fortira was reported on April 22, 2025. Canarys Automations Limited has successfully acquired a 51% stake in Fortira Inc., marking a significant milestone in its North American expansion. The deal, valued at USD 5 million, aims to enhance Canarys' capabilities in AI and ML. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Fortira do?

Fortira Inc. specializes in Artificial Intelligence, Machine Learning, and data-driven technologies. Founded by industry veterans, Fortira has over 15 years of experience in delivering solutions to enterprise clients. It is privately held, operating in Software, and is based in Princeton.

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