Hi-COM Network Private Limited, a leading internet service provider, acquired Computer Maintenance Agency (CMA), an IT service partner. As part of this business acquisition, Hi-COM will have a 100% subsidiary of a Hyderabad-based management service provider company. The strategic alliance has been valued at $1 Million, giving Hi-COM an edge in the “IT managed Service “market segment.
This alliance will enable Hi-COM to provide a wide range of remedial and value added services. Started in 1993, CMA focused on providing single point contact for Multi Platform HW Maintenance, Multi Platform System Administration and SW Services relating to DBMS.
Mr. Vikas Sharma, Founder and Director of Hi-COM, says, “We are excited to welcome CMA to the Hi-COM family. This new expansion will help us strengthen our MSP business segment specially for PSU and government segment. With their comprehensive on-site maintenance services, we look forward to expanding our business portfolio. With CMA’s extensive services and our in-house leadership team’s combined experience of more than 200 years, we are targeting 10X growth within the next 3 years.”
Mr Naidu, Business Head of CMA , Computer Maintenance Agency (CMA) says, “We are excited to work with Hi- COM, and we are confident that our combined experience will create even more value for our customers. We look forward to working together to continue to innovate and deliver high performance computing solutions that meet the needs of our customers around the country.”