37.1 C
Delhi

Nagarro prepares for the Metaverse with RipeConcepts

New Delhi, January 25, 2022Nagarro, a global leader in digital engineering, has reached an agreement with the shareholders of RipeConcepts, a leader in global digital creative services, to bring the companies together.

Headquartered in Salt Lake City, USA, with the majority of its employees in Cebu, Philippines, RipeConcepts positions itself as “digital lightning in a bottle” and delivers high quality, multi-channel creative content at scale.

The company especially excels in the creative digital disciplines of design, illustration, 3D modelling, animation, and marketing. Its clients include Fortune 500 companies as well as Silicon Valley unicorns. It has over 650 full-time employees and 2021 revenues in the region of 10 million Euro. The company has won several design awards.

Nagarro prepares for the Metaverse with RipeConcepts

For Nagarro, the transaction strengthens its design and creative capabilities. These enhanced capabilities could be deployed to improve existing offerings but also to develop new offerings related to a vision of a “metaverse” future. In addition, the transaction provides Nagarro access to the highly educated workforce in the Philippines.

- Advertisement -TechnoSports-Ad

Paul Lyon, founder/CEO at RipeConcepts, and an award-winning entrepreneur states: “We at RipeConcepts consider ourselves a unique boutique and, like Nagarro, love to solve problems for our Fortune 500 and unicorn clients. After 30 years of successful entrepreneurship and multiple M&A processes, I can say that it’s rare to meet a more ‘authentic’ group of forward-thinking global entrepreneurs than the folks at Nagarro, especially given their corporate design and culture to match. We couldn’t be more thrilled to be partnering with a like-minded team of savvy world-class digital engineers. I am excited about our future together.”

Manas Fuloria, the co-founder at Nagarro, states: “Some things are meant to happen! We were lucky to be introduced to RipeConcepts and Paul by a valued client some years ago, and we stayed in touch. Paul’s entrepreneurial vision and energy coupled with the execution ability of his colleagues, especially that of President and COO Miles Nepomuceno, have resulted in a truly impressive business. This is a deliberate, strategic acquisition for Nagarro given the direction in which consumer technology is heading. We believe that by putting together our traditional capabilities with those of our friends at RipeConcepts, we will be able to conjure up exciting new possibilities for our clients around the world.”

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Raunak Saha
Raunak Saha
A cs engineer by profession but foodie from heart. I am tech lover guy who has a passion for singing. Football is my love and making websites is my hobby.
TechnoSports-Ad

Popular

TechnoSports-Ad

Related Stories

More from author

AMD EPYC 4004 series processors based on Zen 4 launched

AMD (NASDAQ: AMD) has announced the launch of the AMD EPYC™ 4004 Series processors, expanding their server CPU portfolio with new, cost-effective solutions tailored...

Lenovo Unveils Next-Generation Copilot+ PCs: Lenovo Yoga Slim 7x & ThinkPad T14s Gen 6

Lenovo has introduced its latest innovative Copilot+ PCs, the Lenovo Yoga Slim 7x and the ThinkPad T14s Gen 6, powered by the Snapdragon X...

Nothing Integrates ChatGPT Across Entire Audio Product Line

In a groundbreaking move, London-based technology company, Nothing, has expanded its industry-first ChatGPT integration to include its entire range of audio products. Initially introduced...

Asus Vivobook S 15 with Snapdragon X-Series processors is launching soon in India

Following Microsoft's recent Windows event, Asus has announced its first Copilot Plus PC laptop: the Vivobook S 15 (S5507), powered by Qualcomm’s Snapdragon X-series...