DALLAS, Oct. 10, 2018 /PRNewswire-iReach/
Infolob announced today that it has completed the spin-off of Ksquare and Navivo, creating two independent, privately-held companies. October 1st marked the first day of post-separation activities.
"Ksquare's core offerings, complete full stack development with near shore capabilities, position the company with a more niche- and laser-focused, customer-centric approach," said Ksquare CEO Varma Buddharaju.
"We believe with the spin-off, Infolob and Ksquare will offer our customers and employees unique value propositions," said Infolob CEO Dirgesh Patel. "The spin-off is the centerpiece of Infolob continuing transformation into a less capital-intensive company with stronger free cash flow. Infolob's core offerings, market-leading Oracle partnership, and digital transformation efforts position the company well for profitable growth. We will be a simpler, more efficient, and customer-focused company that delivers value for all of its customers."
About Infolob Solutions
Infolob Solutions was founded in 2009 and employs over 650 talented individuals from across the globe. They are a certified minority-owned businesses with main offices in Irving, Texas and Merida, Mexico. Infolob has been a long-time partner with Oracle and is also proud to have alliances with Salesforce, Microsoft, Amazon, Rackspace, MuleSoft, and Cloudera. For a more comprehensive look at Infolob's services, you can visit http://www.infolob.com or email email@example.com.
Media Contact: Sai Kiran Kumar, Infolob Solutions, 949-939-5324, firstname.lastname@example.org
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SOURCE Infolob Solutions