Orion Innovation acquires Sryas Inc for an ‘undisclosed sum’

Digital transformation and product development services firm Orion Innovation has acquired global technology company Sryas Inc for an ”undisclosed sum’, a top official said on Friday. The one hundred per cent acquisition has been “completed” and Sryas Inc has become a subsidiary, Orion Innovation CEO and President Raj Patil said here.

“The transaction has been completed as of Thursday and it (Sryas) has been fully acquired,” Patil told reporters.

Following the acquisition, Sryas Inc President and CEO Vish Ramesh would join the board of Orion Innovation. Sryas adds more than 550 associates to Orion, including engineers in India, Canada, Mexico and the Philippines.