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-Ness Digital Engineering acquires Intricity - a New York-based company specializing in data strategy, governance, modernization and monetization
NEW YORK, May 8, 2024 /PRNewswire/ -- Ness Digital Engineering (Ness), a global full-lifecycle digital services transformation company, has acquired Intricity, a leading provider of strategy, governance, modernization and data monetization. The acquisition deepens Ness' data offerings, which F1000's global customers have used to create new revenue streams and improve operational efficiency.
"Ness has always had strong data engineering capabilities, and the acquisition of Intricity brings data strategy and advisory capabilities. Additionally, Ness will leverage Intricity's strategic alliances with Snowflake and Databricks," said Ranjit Tinaikar, CEO of Ness. DigitalEngineering. "We are excited to welcome the talented Intricity team to Ness, combining our strengths to deliver even greater value to our customers."
Intricity brings deep experience handling complex data modernization and monetization issues that are at the heart of any digital transformation today.
"Joining Ness, backed by KKR, represents an exciting opportunity to accelerate our growth trajectory around the world. We are excited to leverage Ness' global presence, digital competencies and deep industry expertise to deliver digital transformation solutions." to a broader range of customers," said Arkady Kleyner, director and co-founder of Intricity. "Together, we are well positioned to drive meaningful business results and accelerate innovation for our customers."
Commenting on the acquisition, Troy Clemente, director and co-founder of Intricity, added: "We have successfully established ourselves as experts covering the entire information lifecycle and by joining Ness, we can accelerate the AI combination journeys of our clients based on modern data infrastructures."
Zinnov acted as financial advisor to Ness Digital Engineering.
For more information:Tanaya Misra, Global Head – PR
Acerca de Ness Digital Engineering
Ness Digital Engineering, whose funds managed by global investment firm KKR were acquired in 2022, is a full-lifecycle digital engineering firm offering digital advisory through scaled engineering services. Headquartered in New York, Ness serves our clients in 11 innovation centers in the US, Eastern Europe and India. Combining our core engineering competency with the latest in digital strategy and technology, we seamlessly manage digital transformation journeys from strategy to execution to help businesses thrive in the digital economy. For more information visit www.ness.com.
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