Indium strengthens digital engineering capabilities with Experion acquisition
CALIFORNIA, UNITED STATES and CHENNAI, INDIA — Indium, an AI-driven company backed by private equity giant EQT, has announced its acquisition of a majority stake in Experion Technologies.
While terms of the deal remain confidential, the strategic partnership combines Indium’s advanced data and AI capabilities with Experion’s product engineering expertise, creating a powerhouse in digital solutions.
Expanding global reach and capabilities
The acquisition expands Indium’s geographical footprint and increases its workforce to approximately 5,000 employees.
Experion, founded in 2006, brings to the table strong capabilities in product strategy, engineering, cognitive computing, platform engineering, and experience design. With a global clientele spanning North America, UK, Europe, Australia, and Japan, Experion has demonstrated impressive growth, boasting a 30% CAGR over the past four years.
“The synergies and complementary capabilities of Indium and Experion will meaningfully amplify our ability to deliver superior digital and product engineering solutions to customers. We are confident of unlocking multiple new opportunities with both existing and new clients, and have set a revenue target of USD 150 million for the next financial year,” said Ram Sukumar, CEO and Co-Founder, Indium.
Enhancing industry expertise
Indium’s acquisition of Experion strengthens its position across various industries, including:
- Financial services
- Healthcare
- Manufacturing
- Retail
- Automotive and transportation
Experion’s expertise in building mission-critical and futuristic products for enterprise leaders and new-age ISVs adds significant value to Indium’s portfolio.
“Experion stands to benefit immensely from Indium’s market presence, diverse range of offerings and extensive experience working with global enterprises,” said Binu Jacob, CEO and Co-Founder, Experion.
“Our journey at Experion has been one of empowering clients with transformative digital solutions, and our product engineering expertise has been at the heart of that success. Partnering with Indium will not only enhance our AI-driven engineering capabilities but also unlock synergies and scale our solutions to a broader global audience, building on our shared values of integrity, innovation and customer centricity,” Jacob added.
This strategic move positions the combined entity to offer comprehensive digital engineering solutions, from ideation to market launch, with a focus on transformative and scalable digital products, platforms, and solutions featuring compelling user experiences.
