Encora, a product engineering firm based in Scottsdale, Arizona, has acquired Excellarate, a technology solutions and services firm based in Wayne, Pennsylvania.
The value of the transaction was not disclosed.
Encora will strengthen its AI, analytics, and automation capabilities, as well as its expertise in HealthTech, FinTech, and InsurTech, as a result of the acquisition.
Excellarate is a global technology services and solutions company led by CEO Nick Sharma, with over 20 years of domain expertise in health, insurance, financial, and enterprise technologies. To accelerate innovation and achieve business agility, the company works with over 250 clients, including Change Healthcare, Ad Giants, Alchemy Systems, and Centric Software. Excellarate works with strategic technology and solution partners such as AWS, Azure, GoogleCloud, Appian, and Salesforce to help our clients drive digital transformation.
Led by CEO Venu Raghavan, Encora is a partner to some of the world’s leading technology companies providing services such as Predictive Analysis, Machine Learning, Artificial Intelligence, IoT, Cloud and Test Automation. The company has deep cluster vertical capabilities in HealthTech, FinTech & InsurTech, HiTech, IAM & Cybersecurity, Digital Commerce, EdTech, Supply Chain & Logistics, Telecom and other specialized industries. It has over 7,600 associates in 40+ offices and innovation labs across the U.S., Canada, Mexico, Costa Rica, Colombia, Bolivia, Peru, Brazil, India, and Asia Pacific.