
Improving Acquires InfraCloud to Expand Development in Asia
Improving has acquired InfraCloud, a company specializing in AI cloud services and application modernization, announced in a press release. This acquisition allows Improving to leverage InfraCloud's expertise in cloud-native technologies and expand its development services into Asia, particularly with a workforce based in Pune, India.
The acquisition is expected to boost Improving's annualized revenue to exceed $270 million. InfraCloud's leadership team will remain in place, continuing to lead and expand the business while integrating with Improving's extensive portfolio of services.
Curtis Hite, CEO of Improving, expressed enthusiasm about the acquisition, highlighting the strengthened expertise in cloud-native technologies and AI-driven infrastructure. Girish Shilamkar, Founder and CEO of InfraCloud, also shared excitement about the partnership, emphasizing the alignment in culture and values between the two companies.
We hope you enjoyed this article.
Consider subscribing to one of several newsletters we publish like Silicon Brief.
Also, consider following us on social media:
More from: Chips & Data Centers
More from: Funding
DataBahn.ai Secures $17M to Enhance AI Data Pipelines
Waypoint AI Secures $3.1M Pre-Seed Funding for AI Customer Support
CRED Secures $15M to Enhance Predictive Intelligence for Enterprises
Movable Ink to be Acquired by STG
GreetEat Acquires WallStreetStats.io to Boost AI Capabilities
Subscribe to AI Funding Brief
Market report
Superagency in the Workplace: Empowering People to Unlock AI’s Full Potential
This report explores the transformative potential of artificial intelligence in the workplace, emphasizing the readiness of employees versus the slower adaptation of leadership. It highlights the significant productivity growth potential AI offers, akin to historical technological shifts, and discusses the barriers to achieving AI maturity within organizations. The report also examines the role of leadership in steering companies towards effective AI integration and the need for strategic investments to harness AI's full capabilities.
Read more