OREANDA-NEWS. AGC Networks, Inc, a global technology solutions provider, today announced acquisition of the business of Transcend United Technologies LLC (“Transcend”), North America. Transcend provides global IT systems integration focused on Unified Communications, Data Center Infrastructure and Managed Services having annualized revenues of approximately USD 43 M USD and 130 employees.

This acquisition is in line with AGC’s 103 growth strategy offering seamless delivery of 10 key solutions, through 10 key alliances across 10 key geographies. The Transcend business acquisition positively impacts solution offerings, newer alliances and prominent in roads in the large US market. It represents a strategic opportunity for AGC and Transcend to combine their respective strengths in innovation, technology and customer experience, to offer clients the industry’s leading suite of technology solutions. Together, AGC and the Transcend business will provide clients with intelligent solutions that address the growing need for unified technology systems in enterprise organizations spanning multiple industries.

The Transcend business will operate under the AGC Networks brand, and will be led by Mr Greg Forrest, President, Americas. Commenting on this acquisition, Mr Forrest said, “We are delighted to welcome our employees from Transcend, who will continue operations from their current offices providing clients with enhanced technology solutions.”

“AGC conducted a diligent search to acquire a technology solutions provider that aligned not only with our organization’s focus on developing the most innovative technology solutions, but also with our commitment to providing an exemplary customer experience,” said Mr Forrest. “Through the combined business, we plan to leverage Transcend’s portfolio of specialized services to offer greater depth of technology solutions to a broader audience in North America. Additionally, the acquisition of the Transcend business further enhances AGC’s value proposition to ‘Enable Experience’ for our customers, ” added Mr Forrest.

“This is a big win for our customers,” said Mr Rick Hirsh, CEO, Transcend. “Our ongoing initiatives to provide best-in-class solutions with the highest level of customer service are now augmented by the depth and commitment of the AGC team. Customers will benefit by having even greater access to solutions that provide a competitive edge in today’s rapidly evolving business climate.”

Speaking on the occasion, Mr SK Jha, Managing Director & CEO, AGC Networks, said, “AGC Networks has built a strong reputation as a leading global technology solutions integrator providing innovative technology in unified communications, data center and virtualization, networking and enterprise applications. This acquisition will equip us to leverage Transcend’s strong expertise and customer base. Furthermore, the on board clients will benefit from AGC’s seamless technology solutions delivered across the globe and AGC’s clients will benefit from Transcend’s technology alliances in North America.”

“Transcend’s core competencies in Unified Communications and Data Center Infrastructure, together with the AGC's global presence, positions us as a leader in this rapidly growing space,” added Mr Sanjeev Verma, President, Global Sales and Business Operations, AGC Networks.