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French information technology services major Capgemini on Tuesday said it has signed an agreement to acquire Indian-origin, Singapore-based Cloud4C, a managed cloud services provider owned by CtrlS Group. Financial details of the transaction were not disclosed.
Cloud4C, which has its corporate headquarters in Hyderabad, was founded in 2014 by Sridhar Pinnapureddy, who is also the founder and CEO of CtrlS.
“This acquisition will expand Capgemini’s footprint in the fast-growing cloud managed services market,” Capgemini said in a statement. The…
