Pune-based Nihilent buys American BI, SharePoint provider GNet Group

Pune-based solution integrations company Nihilent Technologies has acquired US-based business intelligence (BI) and SharePoint solutions provider GNet Group, for an undisclosed amount.

GNet Group is a Minneapolis headquartered company, with operations in Midwestern and South Central United States, and has deep expertise in business intelligence services, SharePoint and application development.

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Nihilent said it will now be able to enhance its expertise in business intelligence and software application development, especially in the American region.

"We are excited for the opportunities that this acquisition brings both Nihilent and GNet Group's customers," said L.C. Singh, Vice-Chairman and CEO of Nihilent. "This acquisition is a result of GNet Group's profitability and growth, and its extensive expertise in the business intelligence and analytics space."

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"This acquisition is important and essential to Nihilent," said Minoo Dastur, President and COO, Nihilent. "We have already begun integration operations, which speaks of the critical nature of this association. This is a great opportunity for Nihilent to expand into America. Also, our relationship with Microsoft, through expertise in deploying their CRM and AX solutions will position us to hit the ground running."