I am confident that adding the strong technology skills, rich solution portfolio, and deep experience of Viki Technologies will enhance our core capabilities and help us expand our overall healthcare footprint with a wider set of offerings.
FARMINGTON HILLS, Mich. (PRWEB) March 16, 2023
Kyyba Inc./Kyyba Tech (Kyyba), a leading global technology solutions provider headquartered in Michigan, announced a definitive agreement to acquire Viki Technologies, a specialist healthcare technology provider, for an undisclosed amount. The acquisition expands Kyyba’s healthcare practices and advances Kyyba’s strategic plan of growing its healthcare capabilities through smart business acquisitions.
Viki Technologies, headquartered in Farmington Hills, Michigan, is a specialist healthcare technology provider with a rich portfolio of marquee clients. The firm delivers value-added tools and services to help its clients improve efficiency and reduce operating costs through data and web-based technology. Its services include managing hospitals as enterprises, providing decision support systems and care pathways that improve diagnoses and treatment, and ensuring the availability of health information to the public.
“It’s exciting to start the new year on this positive note,” said Thiru Ganesan, president, and CEO of Kyyba. "For many years, we have been focused on serving the healthcare ecosystem, including insurance providers, hospitals, pharma companies, and government and public sector entities. I am confident that adding the strong technology skills, rich solution portfolio, and deep experience of Viki Technologies will enhance our core capabilities and help us expand our overall healthcare footprint with a wider set of offerings.”
"I am thrilled about our latest acquisition in the healthcare industry, as Viki Technologies’ offerings are a perfect match with Kyyba’s DNA,” said Tel K. Ganesan, founder and executive chairman of the Kyyba Group of companies. “Our past successful acquisitions have enabled us to expand our offerings and enhance our position in the market. We are excited to continue this trend by adding Viki Technologies. By integrating the new company's technology and expertise into our existing platform, we will be able to offer even more comprehensive solutions to our customers. We look forward to the future and the continued growth of Kyyba in the healthcare industry."
Until it is fully integrated with Kyyba, Viki Technologies' leadership team noted the firm will continue to offer marketing and consulting services to current clients to ensure continued quality service and to prevent any disruption of service.
“Modern healthcare is at a crossroads where payers and providers seek to improve care, accelerate accessibility, and control costs. Enterprises across the ecosystem are eager to work with partners who can accelerate their digital journey while maintaining the delicate balance between technology and cost," said Viki Technologies founders Blaine Mallat, Kishore Chavva, and Vinod Kukunoor. “By becoming part of the Kyyba portfolio, our teams gain access to a global solutions platform with tremendous resources and reach that will allow us to grow and create more value for our clients and employees.”
Headquartered in Farmington Hills, Kyyba is a fast-growing global technology and consulting services partner providing deep-domain technology solutions to the healthcare, government, financial, and automotive industries. To learn more about Kyyba, visit kyyba.com and kyybatech.com.