Hipla Technologies, a provider of workplace management systems with a significant presence in India, was acquired by UK-based technology company InVentry.
The purchase is a part of InVentry’s goal for worldwide growth, and it will help them in both Singapore and India.
The acquisition cost was not made public by the corporation.
According to Sandeep Kaul, CEO of both Hipla Technologies and the new business, “the acquisition strategically positions Hipla Technologies for accelerated growth by giving it access to global markets and a larger product portfolio.”
In the high-tech, energy-tech, real estate, construction, and environmental industries, Hipla offers B2B and SaaS services. Among its clients are a number of well-known companies like ATS, Prestige, People Strong, Whiteland, Sattva, and others.
“The purchase firmly establishes us as a market leader in the smart workplace sector and fits in well with our expansion strategy. According to Phil Lawson, Director of InVentry, “Hipla Technologies’ expertise, combined with InVentry’s global presence and diverse product offering, will drive innovation and enable us to deliver unmatched workplace solutions to businesses around the world.”
InVentry’s current customer base of over 10,000 organizations in the business and education sectors will also profit from the acquisition as Hipla Technologies’ solutions will now be available to them. The acquisition will expand InVentry’s product line.
With InVentry’s global presence and wide range of products, Hipla Technologies’ experience in smart office solutions is expected to revolutionize how businesses operate all over the world.
The purchase will hasten the creation of new technologies that help companies optimize workplace solutions, enhance visitor experiences, and boost operational effectiveness.
Hipla Technologies makes use of cutting-edge technology to improve visitor management, optimize office operations, and streamline workspaces.
