ITC Infotech acquires Pyxis Solutions

20 Aug 2008

1

ITC Infotech, a fully owned subsidiary of ITC Ltd, today announced the acquisition of Pyxis Solutions, LLC, a US based firm operating in quality assurance (QA) solutions and testing services.

Synergies between the two companies are expected to create large opportunities for cross selling by leveraging existing customer relationships of both Pyxis and ITC Infotech. This acquisition will also help in enlarging the geographic reach of services offered and create new opportunities for diversified offerings across industry verticals.

ITC Infotech has a significant presence in the BFSI industry, and has been working with leading banks across the globe on mission critical projects. The company also enjoys a good track record in offering testing services with the Interline e-ticketing accelerator and other industry solutions.

Pyxis offers a full spectrum of services in software quality qssurance ranging from user-interface testing to QA process improvements. The company also provides services in QA management and consulting, quantitative analysis testing and data validation testing. Pyxis has been working with leading investment banking institutions and companies in the banking, financial services and insurance (BFSI) sector providing deep expertise in a large portfolio of customised solutions.

ITC Infotech, a global IT Services company, is a 100 per cent subsidiary of the Indian conglomerate ITC Ltd. The company has a set up in Bangalore and also operates through its wholly owned subsidiaries in the UK and the US

Founded in 2000, Pyxis Solutionsprovides a suite of QA services to customers.The company specialises in providing quality assurance testing solutions.

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