Aricent was a global design and engineering services company. It was acquired by French-based company
Altran in 2018 and renamed Altran North America in April 2019
and Altran Americas in early 2020. With Altran's acquisition by
Capgemini
Capgemini SE is a multinational information technology (IT) services and consulting company, headquartered in Paris, France.
History
Capgemini was founded by Serge Kampf in 1967 as an enterprise management and data processing company. The comp ...
, the successors of Aricent are incorporated into
Capgemini Engineering
Capgemini Engineering (previously known as ''Altran Technologies, SA'') is a global innovation and engineering consulting firm founded in 1982 in France by Alexis Kniazeff and Hubert Martigny. Altran operates primarily in high technology and inn ...
and to a lesser extent, Capgemini Invent. Aricent has a long lasting legacy of developing Telecom software which are used by all telecom giants such as
Cisco Systems
Cisco Systems, Inc., commonly known as Cisco, is an American-based multinational digital communications technology conglomerate corporation headquartered in San Jose, California. Cisco develops, manufactures, and sells networking hardware, ...
,
Juniper Networks
Juniper Networks, Inc. is an American multinational corporation headquartered in Sunnyvale, California. The company develops and markets networking products, including routers, switches, network management software, network security product ...
,
Nokia Networks
Nokia Networks (formerly Nokia Solutions and Networks (NSN) and Nokia Siemens Networks (NSN)) is a multinational data networking and telecommunications equipment company headquartered in Espoo, Finland, and wholly owned subsidiary of Nokia Co ...
,
Oracle,
Alcatel-Lucent Enterprise
ALE International SAS, trading as Alcatel-Lucent Enterprise, is a French software company headquartered in Colombes, France, providing communication equipment and services to telecommunications companies, ISPs and data providers. Since March 20 ...
, and
Nortel
Nortel Networks Corporation (Nortel), formerly Northern Telecom Limited, was a Canadian multinational telecommunications and data networking equipment manufacturer headquartered in Ottawa, Ontario, Canada. It was founded in Montreal, Quebec, ...
.
History
Aricent is the successor to Hughes Software Systems, which was established in 1991, as a subsidiary of
Hughes Electronics
Hughes Electronics Corporation was formed in 1985 when Hughes Aircraft was sold by the Howard Hughes Medical Institute to General Motors for $5.2 billion. The surviving parts of Hughes Electronics are today known as The DirecTV Group.
On June 5, ...
, with funding from
Sequoia Capital.
* 1985: Future Software Communications, which will eventually merge with Hughes Software Systems, founded by
KV Ramani.
* 1991: Hughes Software Systems (HSS) founded by
KV Ramani in
Nehru Place
Nehru Place is a large commercial center in Delhi, India. Although its importance as a financial center has declined in recent years, Nehru Place is still a prominent commercial area in South Delhi and houses the headquarters of several India ...
,
New Delhi
New Delhi (, , ''Naī Dillī'') is the capital of India and a part of the National Capital Territory of Delhi (NCT). New Delhi is the seat of all three branches of the government of India, hosting the Rashtrapati Bhavan, Parliament Ho ...
to develop software solutions in the areas of VSAT-based networks for voice and data, cellular wireless telephony, packet switching, and multi-protocol routing. Pioneered the development of Protocol Stacks.
* 2004: Flextronics bought HSS to form Flextronics Software Systems and merged with Future Software headquartered. Acquired
Frog Design
frog (styled as ''"frog, part of Capgemini Invent"'') is a global creative and design consultancy founded in 1969 by industrial designer Hartmut Esslinger in Mutlangen, Germany, where it was initially named “esslinger design”. Soon after the ...
for approximately $25 million.
* 2005: Expanded development operations in
Kyiv
Kyiv, also spelled Kiev, is the capital and most populous city of Ukraine. It is in north-central Ukraine along the Dnieper River. As of 1 January 2021, its population was 2,962,180, making Kyiv the seventh-most populous city in Europe.
Kyi ...
,
Kherson and
Vinnytsia
Vinnytsia ( ; uk, Вінниця, ; yi, װיניצע) is a city in west-central Ukraine, located on the banks of the Southern Bug.
It is the administrative center of Vinnytsia Oblast and the largest city in the historic region of Podillia. ...
in
Ukraine
Ukraine ( uk, Україна, Ukraïna, ) is a country in Eastern Europe. It is the second-largest European country after Russia, which it borders to the east and northeast. Ukraine covers approximately . Prior to the ongoing Russian inv ...
;
Randburg
Randburg is an area located in the Gauteng province of South Africa. Formerly a separate municipality, its administration devolved to the newly created City of Johannesburg Metropolitan Municipality, along with neighbouring Sandton and Roodepoort, ...
,
South Africa
South Africa, officially the Republic of South Africa (RSA), is the Southern Africa, southernmost country in Africa. It is bounded to the south by of coastline that stretch along the Atlantic Ocean, South Atlantic and Indian Oceans; to the ...
; and
Beijing
}
Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 ...
,
China. Was delisted from India's stock market in preparation for sale.
* 2006: Was acquired by
Kohlberg Kravis Roberts
KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global investment company that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and, through its strate ...
and Sequoia Capital as part of a $900 million sales of software companies.
The transaction represented the largest private equity buy-out in Indian history.
* 2007: Acquired Datalinx; launched service provider offerings.
* 2008: The Family Office, a multi-
family office
A family office is a privately held company that handles investment management and wealth management for a wealthy family, generally one with at least $50-$100 million in investable assets, with the goal being to effectively grow and transfer ...
company with headquarters in Bahrain also joined in funding Aricent.
* 2011: Rebranded to Aricent Group.
* 2011: Opened engineering and development center for testing and wireless technologies in Vietnam
* 2013: Rebranded to Aricent.
* 2015: Acquired SmartPlay Technologies, a semiconductor service based firm for $180 million. As part of the deal, SmartPlay's 1,200-plus staff joined Aricent's staff.
* 2018:
Altran acquired Aricent, with Aricent operating as ''Altran North America'' in the Americas;
* 2019:
Capgemini
Capgemini SE is a multinational information technology (IT) services and consulting company, headquartered in Paris, France.
History
Capgemini was founded by Serge Kampf in 1967 as an enterprise management and data processing company. The comp ...
announced plans to acquire Altran Group
* 2020: Capgemini acquired Altran Group in April, with the majority of Altran staff (including most former Aricent employees) incorporated into Capgemini Engineering. Frog incorporated into Capgemini Invent.
See also
*
Fortune India 500
The ''Fortune India'' 500 is a ranking of the top 500 corporations in India compiled on the basis of latest sales and gross revenue figures. The list is published annually by ''Fortune'' magazine. ''Fortune India'' is ''Fortune'' sixth internatio ...
*
List of companies of India
India is a country in South Asia. It is the seventh-largest country by area, the second-most populous country (with over 1.2 billion people), and the most populous democracy in the world.
In 2019, the Indian economy was the world's fifth ...
References
{{Kohlberg Kravis Roberts
Privately held companies based in New Jersey
Defunct technology companies of the United States
Companies based in Palo Alto, California
Technology companies established in 1991
Software companies of Ukraine
Kohlberg Kravis Roberts companies
1991 establishments in California
2020 disestablishments in California
Technology companies disestablished in 2020
2020 mergers and acquisitions