4Cplus and DOT1 Solutions enter into a definitive merger agreement
Four C Plus (Internet) Company Limited and DOT1 Solutions Private Limited have announced that they have entered into a definitive merger agreement, which has been approved unanimously by both DOT1 and 4Cplus Board of Directors.
4Cplus had established itself in the last 20 years, as a quality provider of software solutions to news publishers, digital media companies and broadcasters. The company provides end-to-end technology solutions to its clients that include software development, offshore & onsite software development. 4Cplus has domain expertise in Enterprise Solutions (ERP), Internet/Applications, Technology Solutions and Newsroom Automation.
DOT1, incorporated in 2014, delivers over 50+ services (products) in Management Consulting, Technology Services and Business Transformation Outsourcing. With this merger, 4Cplus will strengthen DOT1’s Industry (Media & Entertainment) and Digital (social, mobility, analytics and robotics process automation) Capabilities.
Sanjay Hiranandani, CEO, DOT1 Solutions, said, “I am delighted to announce this very important transaction, so early in DOT1’s journey. 4Cplus perfectly fits into our strategic ambition and there is a clear meeting of minds amongst us as people. It will give us a new status in the global market, and take further our commitment to vertically integrate within the media & entertainment supply chain.”
Proof of Value is already there to see with both companies coming together, even before this merger, to deliver product & service to large publishing houses in India. This will also give DOT1’s India operations a new scale, with delivery centers across West, South and North of India. “I am glad to welcome new ‘knowledge products’ (talent) and leaders to DOT1, who share our convictions and professional culture,” informed Sanjay. He further added, “This merger will allow customers to make a choice on the platforms that adds value to their business rather than being compelled to take decisions based on roadmaps of large organisations who fail to understand the compulsions of the media organisations.”
In his remark on the merger, Sanjay Gupta, CEO, 4Cplus, asserted, “We are gratified that the company we founded 20 years ago has through this merger developed into a global enterprise of 250+ employees. We are pleased to have found a great partner for the business and are confident that our employees and customers will benefit from the enhanced service & product offerings. We are looking forward to combine our products with the consulting knowledge of DOT1.”
Transaction highlights
Reinforcing sector expertise notably in media & entertainment: 4Cplus brings an attractive portfolio of major products and clients complementary to those of DOT1. This transaction also reinforces both organisation’s position in the media & entertainment sector, and prompts a faster transition to platform-based solutions.
Enlarging capabilities and offering portfolio: ERP extension for Broadcast &Print Media, Advertising, Editorial System & Distribution. Advise, Deliver and Optimise across value streams of Media Asset Management, Broadcast Management & Digital Newsroom. Large pool of SAP, Oracle, Java, .Net, Mobility, Portal, Digital and RPA across large delivery centers.
Enhancing competitiveness: Increased footprint across print, broadcast and digital customer base. Customer proximity across India, NA, EMEA and APAC.