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Netrix Worldwide Acquires Ideamine Technologies – New Boom for Indian IT Service Sector

Netrix worldwide Pvt.Ltd, a subsidiary of Netrix LLC announced on October 30 2017, that it has acquired Kochi based firm, Ideamine technologies, for public cloud services expertise.

Netrix Worldwide has signed a definitive agreement to complete the acquisition of Ideamine, as announced at the press conference held at Ernakulam press club, Kochi on October 23.

The acquisition of Ideamine Technologies is the largest IT services acquisition by a US based MNC in Kerala. This is an inspiration for all IT startups from the country. The acquisition happened after the due diligence which was going on for the last few months.

Netrix, which started operations in 1989, has its presence in 11 metro areas in the US and employs more than 450 people. The company has expertise in network infrastructure, security systems services, unified communications, mobility, cloud and managed services, hardware and software development and services. The company has an office in Pune, which was acquired recently.

Ideamine Technologies, which started operation in 2007, is one of the pioneers in server management. The company ventured into cloud service in the same year at a time when it was a less traveled path. In 2013, the company entered into a partnership with Amazon Web Services.

The company also offer services for Azure, Google cloud, magneto hosting, cloud strategy and implementation, remote server management, windows server management, Linux server management and outsourced web hosting support.

“The acquisition of Ideamine demonstrates Netrix’s commitment and its dedication to investing in its journey to becoming a leader in delivering managed public cloud offerings to the marketplace,” said Gordon Dunkley, a partner and Netrix managed public cloud services practice director. “It also helps strengthen the company’s ability to readily expand upon our portfolio of offerings through the acquisition of a talented pool of resources. We look forward to the great contributions from this team.”

Netrix now strengthens its ability to deliver on managed public cloud offerings across multiple cloud providers including Microsoft, AWS, and Google. This acquisition will also help serve as an extension of the Netrix’s Cloud Management Center (CMC) by adding to the pool of highly skilled cloud support resources in North America, EMEA and now APAC to provide superior 24/7 Management and Support.

Jyothis Joseph, founder, and CEO of Ideamine Technologies said, “This business decision to join Netrix Worldwide is an incredible opportunity to expand the resources and capacity we previously had. It’s clear that Netrix is focusing on expanding its APAC theatre and we are excited to add to that momentum.”

About the author

Sreerenjini Menon

Sreerenjini works in Digital Marketing at Ideamine. Although she's known as the animated web trailblazer at the office, she's around-the-clock foodie and travel maven.