SHI International Corp., a leading global provider of innovative technology solutions, today announced a definitive agreement to acquire Locuz Enterprise Solutions Limited, an Indian cybersecurity and digital transformation services company. This strategic acquisition aims to enhance SHI’s managed services capabilities, including the addition of a fully managed Network Operations Center (NOC) and Security Operations Center (SOC), and will strengthen its global security, data center, and cloud practices. The acquisition is expected to close in the third quarter of 2024, pending customary closing conditions.
Integrating Locuz’s team of over 800 skilled employees into SHI’s workforce will highlight SHI’s dedication to delivering exceptional, advanced managed services to its global customers and will provide significant offshore capabilities. This move aligns with the increasing demand in the data center economy, offering customers enhanced operational management, hosting, and infrastructure services essential for the growth of the digital and AI-driven landscape.
“SHI’s acquisition of Locuz is more than a strategic expansion; it is a direct investment in our customers’ success,” said Thai Lee, President and CEO of SHI. “The addition of Locuz will be a key component of our mission to deliver comprehensive solutions that address the complex needs of our customers globally. Customers can expect to benefit materially from our combined advanced service capabilities.”
“Joining SHI marks an exciting new chapter for us,” said Uttam Majumdar, President of Locuz, and Vijay Wadhi, Managing Director of Locuz. “Our established security, cloud, and high-performance computing practices, combined with state-of-the-art delivery and innovation hubs, will translate into more robust and comprehensive offerings for SHI’s customers.”
