Tokyo-Headquartered TechnoPro Group Acquires Robosoft for $108 Million

India-headquartered digital transformation pioneer Robosoft has been acquired by Japan’s TechnoPro Group for a reported $108 million. Headquartered in Tokyo, TechPro specializes in IT, engineering, and R&D.

“Robosoft has had a phenomenal journey over the last two decades and has grown by leaps and bounds during this period. The partnership with Ascent Capital and Kalaari Capital heralded a strong growth era for us and I am very happy that we are handing over the reins of the Company to a global player like TechnoPro,” said Rohith Bhat, Founder of Robosoft, in a press release.

TechnoPro Group is one of Japan’s largest technology solutions group with more than 20,000 engineers and researchers in its payroll. The company provides support for technical development and R&D to 2,000 companies including major corporations, universities, and research organizations.

“We look forward to a close collaboration with Robosoft in the company’s next phase of growth and see tremendous synergies between TechnoPro and Robosoft,” said Takeshi Yagi, President, Representative Director and CEO, TechnoPro.

Founded in 1996, Robosoft has worked with the largest firms of the world. Its first client was famously Apple. Today, Robosoft counts media network Viacom and McDonald’s India as its clients.

This partnership with TechnoPro will provide Robosoft with new opportunities to grow in Japan. It will also help it expand in its core markets of US, Europe and India.