Indium, a company driven by artificial intelligence in digital engineering, has announced the acquisition of a majority stake in Experion, a global product engineering services firm. This move comes as part of a strategic agreement to combine the strengths and capabilities of both companies to enhance their ability to provide top-notch digital and product engineering solutions to their clients.
Ram Sukumar, the CEO and co-founder of Indium, expressed confidence in the synergies between the two companies and their potential to unlock new opportunities for clients. With a revenue target of $150 million set for the next financial year, Indium aims to leverage the expertise of Experion to deliver transformative solutions across various industries such as financial services, healthcare, manufacturing, retail, automotive, and transportation.
The CEO of Experion, Binu Jacob, is equally excited about the partnership with Indium and the prospects it brings for their company. With a strong focus on empowering clients with digital solutions, Experion’s product engineering capabilities are expected to be enhanced by Indium’s AI-driven engineering expertise. This collaboration will not only broaden the reach of their solutions but also align with their core values of integrity, innovation, and customer-centricity.
Established in 2006, Experion has a solid foundation in product strategy, engineering, cognitive computing, platform engineering, and experience design. Their client base includes leading enterprises in industries like automotive, insurance, mining, and transportation, as well as new-age ISVs and startups. The company has shown impressive revenue growth over the years, highlighting its position as a leader in global digital product engineering.
The acquisition of Experion by Indium is seen as a strategic move to strengthen their market presence, expand their offerings, and enhance their capabilities in digital and product engineering. With a focus on delivering exceptional customer experiences, the combined entity aims to create innovative and scalable solutions for clients globally. This partnership is expected to drive growth, increase the geographic footprint, and elevate the level of engineering excellence in both companies.
Overall, the collaboration between Indium and Experion signifies a new chapter in the digital engineering landscape, where AI-driven solutions and end-to-end product engineering expertise come together to redefine the way businesses innovate and create value for their customers. The shared vision of both companies to drive transformation and deliver cutting-edge solutions underscores their commitment to excellence and innovation in the digital space.