January 20, 2022
Prodapt Solutions, which calls itself a partner to telecom operators and digital service providers, has acquired Synophic Worldwide. The acquisition further expands India-based Prodapt’s presence in the United States and Latin America.
Additionally, it provides an entry into APAC countries, including Japan, Philippines and Australia. Prodapt didn’t say how much it’s paying for Synophic.
Network Services Portfolio
Synophic Worldwide is a Silicon Valley-based firm providing network transformational and managed services to digital service providers (DSPs) and ISVs. It also works with product and platform companies. Founded in 2009, Synophic employs more than 600 people globally, and is a partner to leading OEMs/NEMs, ISVs and enterprises.
With the Synophic acquisition, Prodapt strengthens its network services portfolio, the company said. It also enables Prodapt to offer end-to-end services around network transformation, network orchestration and automation to network-managed services.
Prodapt’s Vedant Jhaver
Vedant Jhaver is chairman and CEO of Prodapt.
“Synophic’s wide range of capabilities in network solutions, cloud, IoT, mobility, data centers and security augments our portfolio of network transformational services. It further expands our services that help accelerate connectedness,” Jhaver said.
Prodapt had earlier announced plans to invest $45 million to increase its capabilities in network virtualization and cloudification. The Synophic acquisition is part of this investment strategy. The is planning additional investments in network cloud, autonomous networks and NetSecOps.
Kondal Rao is CEO of Synophic Worldwide.
“Joining forces with Prodapt will help expand our managed services and network transformation portfolio. This will also open a plethora of growth potential for the employees of Synophic,” Rao said. “I am pleased to be part of the Prodapt team and excited about the multi-fold scale with which we can operate and leverage Prodapt’s transformational expertise in delivering solutions to our customers.”
Synophic is Prodapt’s third acquisition in the last year. Prodapt earlier announced the acquisitions of Innovative Logic and SLR Dynamics.
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