Flextronics software systems

Aricent is a pure-play product engineering service and software firm. It develops software, provides technology services, and works with networking, telecom, software, semiconductor, Internet, and industrial companies. Aricent is headquartered in Redwood City, California, with operations in 9 countries worldwide; investors are KKR & Co. L.P. and Sequoia Capital. The company claims to employ 7,800 consultants, designers, and engineers at over 10 locations worldwide.HistoryAricent is the successor to Hughes Software Systems, which was established in 1991, a subsidiary to Hughes Electronics. (KKR), and Sequoia Capital. 1991: Established as Hughes Software Systems (HSS) in New Delhi developing software solutions in the areas of VSAT-based networks for voice and data, cellular wireless telephony, packet switching, and multi-protocol routing. It acquired frog design for approximately $25 million. 2005: Expanded development operations in Kiev, Kherson and Vinnytsia in the Ukraine; Randburg, South Africa; and Beijing, China. Was delisted from India's stock market in preparation for sale. 2006: Was acquired by Kohlberg Kravis Roberts and Sequoia Capital as part of a $900 million sales of software companies. The transaction represented the largest private equity buy-out in Indian history. 2007: Acquired Datalinx; launched service provider offerings. 2008: The Family Office, a multi-family office company with headquarters in Bahrain also joined in funding Aricent. 2011: Rebranded to Aricent Group. 2011: Opened engineering and development center for testing and wireless technologies in Vietnam 2013: Rebranded to Aricent. 2015: Acquired SmartPlay Technologies, a semiconductor service based firm for $180 million. As part of the deal, SmartPlay’s 1,200-plus staff will join Aricent’s staff.
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Flextronics software systems

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Found: 11.01.2016


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