SHI International Finalizes the Acquisition of Locuz Enterprise Solutions, India

PR , originally published in Businesswire : https://www.businesswire.com/news/home/20241001224877/en/SHI-International-Finalizes-the-Acquisition-of-Locuz-Enterprise-Solutions-India

Global technology solutions provider both expands geographic presence and adds new cloud and cybersecurity services capabilities

October 1^st, Somerset, New Jersey & Hyderabad, India: SHI International, one of the world’s leading technology solutions providers, has today announced the completion of the acquisition of Indian cybersecurity and digital transformation services company, Locuz Enterprise Solutions.

This acquisition will accelerate and enhance SHI’s services and solutions capabilities in key growth areas including cloud, cybersecurity, networking, data center, and managed IT operations, as well as add scale for SHI’s global customers.

Thai Lee, President and CEO of SHI International, commented on the acquisition: “We are excited to officially welcome the 800+ talented Locuz team members to SHI. The addition of Locuz will be pivotal in our mission to deliver comprehensive IT solutions and services that address the complex needs of our multinational customers. Our clients can anticipate significant benefits from the enhanced service capabilities SHI will now be able to offer around the world.”

James Prior, CFO, added, “The integration of Locuz staff and systems is well underway, and I am confident that it will be a seamless transition thanks to the meticulous planning and attention to detail from our teams. We are ready to extend our services today to our customers in India and those looking for offshore or hybrid support models. We thank our customers and partners for their support and patience throughout this process. Their interest and excitement are great validations of our shared vision of value and growth.”

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This milestone marks a significant advancement in SHI’s strategic journey to help customers around the world solve what’s next in AI, cybersecurity, data center and modern workplace solutions.

About SHI International Corp. SHI International Corp. is a global leader in technology solutions, serving a diverse set of customers with software, hardware, and services that tackle their IT challenges. Based in Somerset, New Jersey, SHI provides tailored IT solutions to corporate, enterprise, public sector, and education clients. With a workforce exceeding 6,000 employees worldwide, SHI is dedicated to fostering long-term success for its customers.