NAGPUR, India, July 15,
2024 /PRNewswire/ -- Ceinsys Tech Ltd, a leading
Geospatial, Mobility Engineering, and Enterprise solutions provider
on July 13th, 2024,
announced the signing of the definitive asset purchase agreement
with Virtual Tours, LLC (VTS), USA.
VTS was founded in 2017 and is headquartered in Brighton, Michigan. The VTS team
specializes in bringing cutting edge 3D LiDAR scanning, imaging,
and data processing technologies and workflows to customers in
Telecom, Utilities and other Infrastructure segments by having
developed a world class capture operations team with a nationwide
network of 3D capture professionals, drone pilots, and data
experts.
Ceinsys Tech Ltd is a CMMI Level 5 V2.0 appraised company
& forms an integral part of the large conglomerate, Meghe Group
of Institutions. The company operates globally with 12 offices
across three continents and has a dedicated team of over 1000
employees, serving diverse clients. Its strategy is to expand its
global presence while strengthening its core competencies across
geographies.
At a global level, the booming Geospatial Industry driven by
digital transformation trends presents an immense potential for
tech-based GIS solutions. Eyeing its access to this space Ceinsys
made this strategic move of investing in VTS. This step will enable
Ceinsys to tap into the transformative potential of GIS & will
offer several strategic benefits.
Commenting on the acquisition, Mr. Sagar Meghe, Chairman, Ceinsys said, "In line with our
philosophy of Enhancing Possibilities, we have taken this
step of expanding our presence in the US region through this deal.
We intend to utilize VTS expertise to target the infrastructure
digitizing market, which is rapidly growing due to the need for
efficient asset management, predictive maintenance, and
infrastructure performance optimization."
VTS CEO John Chwalibog said:
"Joining Ceinsys gives our team a tremendous opportunity to scale
up and leverage our core competencies for the execution of multiple
programs targeted in the US and beyond. Thanks to this partnership,
our staff will be able to work with Ceinsys' cross-functional and
interdisciplinary teams allowing us to target customers in new
markets while being able to provide our current clients more
flexibility and additional subject matter expertise."
For further information, please contact:
contactus@ceinsys.com
Dimple Chandekar | Mobile No 8956062519 | Email
id: dimple.chandekar@ceinsys.com
Visit: www.ceinsys.com
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SOURCE Ceinsys Tech Limited