05 November 2019, India:
Robot Process Automation Firm Automation Anywhere has acqui-hired product engineering start-up Cathyos Labs.
The company will strengthen its engineering team to increase product development, through this acquisition.
Cathyos Labs engineers, including the co-founders will join Automation Anywhere’s product engineering team.
Prince Kohli, Chief Technology Officer, Automation Anywhere, said, “There is growing customer demand for intelligent automation technology in India and across the broader region as organizations seek to improve productivity and lower operating costs.”
Prince Kohli, added, “We are eager to welcome the engineers from Cathyos Labs to add their expertise and support to our digital workforce platform, as well as our broader product development teams.”
Kumar Saurabh Johny, Co-founder of Cathyos Labs, said, “We have been working with Fortune 500 companies for some time to infuse innovation into product engineering and data engineering consultation and services.”
Kumar Saurabh Johny, added, “Our expertise in RPA and cloud infrastructure scaling will be a valuable addition to the product development team at Automation Anywhere.”
Peter Meechan, Chief Corporate Development Officer, Automation Anywhere, said, “Automation Anywhere continues to rapidly expand our market share and product portfolio, which requires acquiring exceptionally talented people in the right geography.”
Peter Meechan, added, “Cathyos Labs represents the ideal organization, experience and culture, that as a team, will be able to immediately provide impact to Automation Anywhere’s innovation engine. We look forward to working with these top innovators to advance our RPA digital workforce platform.”
Automation Anywhere is headquartered in San Jose, California. In India, Automation Anywhere has offices in Bengaluru, Mumbai and Vadodara.
(Image – Automation Anywhere)