iLink Systems Acquires Thinking Hut to Strengthen its IoT and Digital Transformation Portfolio
iLink Systems, a global Software Solution Provider and Systems Integrator with a presence in the US, India, Middle-East and Southeast Asia, has announced its acquisition of Thinking Hut IT Solutions Pvt. Ltd., an India based IoT solution provider advised by SA Global Advisors.
Established in 2010, Thinking Hut caters to markets in the US, Australia and India offering solutions around IoT, Digital Transformation, Mobility, Product Engineering, and Testing to customers across key verticals like Manufacturing, Banking, Retail and Healthcare. As part of this transaction, Thinking Hut will retain its distinct identity and continue to serve its existing customers, who would now have access to a broader portfolio of products and solutions which iLink offers.
“Many of our customers are moving from legacy, on-premise applications to cloud-based predictive analytics platforms. More than 90% of companies surveyed believe that IoT will have a significant impact over the next 3 years and close to 50% plan to collect/process data close to the point of creation. Thinking Hut is a natural fit with iLink as we both share the passion for solving complex customer problems in the IoT space and cloud. Their portfolio will help us expand our technology reach, enable us to accelerate in the IoT, Cloud and Digital space, and increase iLink’s customer footprint and geographic reach,” said Sree Balaji, CEO of iLink Systems, Inc.