Prodapt acquires UK-based SLR Dynamics
Acquisition to bolster Prodapt’s leadership position in connectedness vertical
Prodapt, the leading consulting, technology and managed services provider to the Connectedness vertical, has acquired SLR Dynamics, a UK-based company focussed on digital engineering and automation services in the TMT industry. SLR Dynamics counts leading European and African telcos as their customers. This is Prodapt’s second acquisition for the year following its acquisition of Silicon Valley-based Innovative Logic in August.
The acquisition of SLR Dynamics will strengthen Prodapt’s leadership position in the connectedness vertical. With the TMT industry accelerating digital transformation journeys using technologies like 5G, cloud, SDN/NFV, Edge Computing, IoT, and AI-ML, Prodapt’s acquisition of SLR Dynamics will help deliver enhanced value to its global customers.
“I am excited to welcome Salim and the SLR Dynamics team to the Prodapt family,” said Vedant Jhaver, Chairman and CEO, Prodapt. “The capabilities of SLR Dynamics in Cloud, Security, IoT and Product design will play an important role as Prodapt continues to become the preferred digital transformation partner to the enablers of hyper-connectivity,” he added.
This acquisition will also result in protecting 100+ jobs at SLR Dynamics. Over the next three years, Prodapt plans to grow the UK team by adding 400-500 employees with a plan to invest GBP 50 million.