CSC Acquires Hyderabad Based IT testing firm AppLabs

CSC has acquired Hyderabad-based software testing company AppLabs for an undisclosed amount. Started in 2001, AppLabs raised $10mn from Sequoia Capital in 2006 and a total of $20million from WestBridge…

CSC has acquired Hyderabad-based software testing company AppLabs for an undisclosed amount. applabs

Started in 2001, AppLabs raised $10mn from Sequoia Capital in 2006 and a total of $20million from WestBridge Capital (three rounds of funding in 2004, 2007 and 2008). Applabs offers consulting, outsourcing, offshore and specialist services across all types of quality management, testing and certification activity and has 2,500 testing professionals worldwide.

Last year, Applabs acquired ValueMinds, a Hyderabad based testing service (and earlier acquired KeyLabs and IS Integration). Post this acquisition, CSC will own 100% of the privately-held AppLabs and the integration will be over by April 2012.

As per the agreement, Reddy will be with the company for a year. CSC also has a non-compete agreement with the top executives of AppLabs for two years and WestBridge Capital will exit from the company [via].

Sign Up for NextBigWhat Newsletter

Daily.

You May Also Like

MagicTiger Acquihires GoDeliver

MagicTiger which aims to be the magic app for India has acquihired GoDeliver, a competing service which enables users to order anything via sms. Godeliver’s cofounders Gaurav Bhaghel and Piyush Mishra will join MagicTiger team. MagicTiger is incubated by K Ganesha’s Growthstory.