Wednesday Nov 27, 2024
Wednesday Nov 27, 2024
Tuesday, 23 July 2019 00:55 - - {{hitsCtrl.values.hits}}
Evolve Technologies Ltd. continues the expansion of its global presence with the acquisition of leading Australian IT and Software Solutions company – CN Global Ltd.
With more than 20 years in the industry, CN Global Ltd. boasts a noteworthy client portfolio made up of highly reputed customers and renowned conglomerates in Australia. The company has gained a reputation for consistently providing exceptional services to a large clientele for over two decades.
CN Global Lanka Ltd. is the service delivery and software development arm of CN Global Ltd. – Australia, which is based in Colombo and has a technical staff strength of thirty-five employees.
With its main vision being rapid growth and global expansion, Evolve Technologies successfully negotiated the acquisition of CN Global – Australia and CN Global Lanka Ltd., thus becoming the parent company with 100% shares in both CN Global companies.
“This will be a great opportunity for all our staff to embrace new culture and embark on new adventures with the new owners of CN Global,” said Charuka Abhayawickrama, the former Managing Director of CN Global. “I would like to thank all those who contributed to CN Global’s journey. It has been a fantastic twenty years,” he added.
With a combined staff strength of over 160 employees, Evolve Technologies and CN Global are now well placed to serve customers better and to continue the mission of providing exceptional IT and Software Solutions to Australia and the rest of the world.
“This has been a long-awaited and most timely business acquisition. A key business goal of Evolve Technologies was to expand business operation to Australia. Thus, we acquired CN Global, leading to entrance of Evolve Technologies in to the Australian market,” said Evolve Technologies Chairman Lal Pintoe.
