NSE arm buys majority stake in Cloudxchange
1 min read . Updated: 14 Jul 2021, 02:28 PM IST_1626168343508_1626252715081.jpg "With this addition, NSEIT will offer end to end digital transformation solutions from Cloud to Security")
Premium- Cloudxchange.io is a leading multi-cloud managed services provider and established player in cloud-based services. After the cybersecurity segment, NSEIT is building expertise in cloud services
MUMBAI: NSEIT, a wholly-owned subsidiary of the National Stock Exchange, has acquired a majority stake in cloud-based services provider Cloudxchange.io for an undisclosed amount.
"Cloudxchange.io augments NSEIT’s vision of becoming a cloud-native, niche & innovative digital solution provider for enterprises. The addition of new-age cloud offerings of Cloudxchange.io to NSEIT’s digital transformation portfolio will further enhance its offerings to provide a complete 360° digital transformation suite for its enterprise clients. In recent times, the entire industry has witnessed an exponential surge in cloud adoption especially during the pandemic," NSE said in a release.
With this addition, NSEIT will offer end-to-end digital transformation solutions from cloud to security. This is NSEIT’s second acquisition after acquiring Aujas Cybersecurity Ltd in 2019.
Cloudxchange.io is a leading multi-cloud managed services provider and established player in cloud-based services. It has 250 plus enterprise clients across sectors including BFSI, manufacturing, logistics, and government.
