Infotech Enterprises acquires Wellsco Inc.
Written by jrood
In-Channel Work Press Release Infotech Enterprises Limited said that its wholly owned subsidiary, Infotech Enterprises America Inc., has acquired Wellsco Inc., located in Paragould, Ark. in an all-cash deal. Wellsco is a focused engineering services provider to the U.S. telecommunications industry. Headquartered in Paragould, Wellsco has more than 180 employees located across five offices. It counts some of the largest Telecom companies in the U.S. as long-term customers.
Commenting on the acquisition, BVR Mohan Reddy, chairman & managing director
of Infotech Enterprises Ltd. said, "The Telecommunications Industry has
always been an important market for Infotech and telecom network design and
engineering has emerged as an excellent growth area for us. With this
acquisition, Infotech gains access to the deep domain skills and experience of
the local Wellsco team, which, combined with strong, long-term customer
relationships and U.S. delivery capability, will serve to accelerate our
growth."
Wellsco, Inc., has focused on some of the largest companies in the world,
mainly in the Telecommunication Industry.
