Soliton, a leading provider of measurement, automation and data analytics announces the acquisition of SimaFore, a niche predictive analytics consulting firm.
Online PR News – 11-October-2016 – Wauwatosa, WI – Soliton Technologies Inc., a renowned global provider of measurement and automation platforms and solutions, has signed a letter of intent to acquire SimaFore LLC, a Predictive Analytics company based in Ann Arbor, Michigan. SimaFore has carved a niche in providing custom data science and predictive analytics solutions to industry leaders in manufacturing, financial, retail and service industries. The intended acquisition complements Soliton’s offering and expertise in data acquisition, signal / image processing, machine learning and web / mobile applications, enabling Soliton to help companies make better decisions with their data.
“This is likely to benefit SimaFore’s customers,” said Dr. Bala Deshpande, Founder of SimaFore “and will help the SimaFore brand get stronger and grow as a provider of specialized predictive analytics solutions to the manufacturing and related industries”. Dr. Ganesh Devaraj, CEO of Soliton said, “Soliton and SimaFore have been working together for over 2 years and this acquisition intention follows from the success we have had serving a number of SimaFore’s clients as the offshore partner. Soliton is well known for its uncompromising commitment to customer success and we look forward to working with the new customers as a result of this acquisition and taking these new capabilities to our existing clients.”
About Soliton Technologies:
Soliton Technologies, headquartered in Bangalore, India is a leading provider of niche technology and engineering services in the fields of test, measurement, inspection and data analysis. Founded in 1998, Soliton has grown by pursuing a focused strategy of providing high quality software platforms and solutions to multinational clients around the world including the US, India, Germany, UK, China, and the Philippines.
Soliton has received more than 20 prestigious international awards including the Texas Instruments ‘Supplier Excellence Award’ for 2014, Frost & Sullivan ‘2016 Customer Value Leadership Award for Post-Silicon Validation Solutions, North America’, and the ‘Outstanding Technical Resources Award (Alliance)’ from National Instruments for 2014, 2015 and 2016.