Kovai.co – a premier enterprise software Company, has announced its acquisition of Cerebrata, a privately-held SaaS product company based out of Udaipur, Rajasthan to strengthen its product portfolio. The amount of the deal remains undisclosed.
The announcement states, Cerebrata’s product – Cerulean to be a complementary product for Kovai.co’s Serverless360 – a platform that helps to manage and monitor Azure Serverless components. Cerebrata is Kovai.co’s first acquisition to accelerate growth in providing the world’s leading application to manage and monitor Microsoft BizTalk and Azure Serverless environments.
With the M&A, “Serverless360 is designed to help teams manage their production systems deployed in Microsoft Azure efficiently, whereas ‘Cerulean’ is intended to help individual developers/IT pros to manage their Microsoft Azure deployments.
“Due to the complementary nature of both the products, Kovai.co sees a huge potential for cross-selling opportunities between the customer base. We are expecting an additional 15-20% top-line revenue growth for Kovai.co through Cerebrata acquisition,” said Saravana Kumar, Founder & CEO of Kovai.co.
The Coimbatore-based company believes this M&A will bring them a few steps closer to meeting their vision of making Coimbatore – the next prime location in India for SaaS services. Kovai.co, with nearly 1200 enterprise customers globally, gets 250+ new clientele and potential expansions across key markets.
Currently, major companies like BBC, BUPA, ATS, Mediterranean Shipping Company, Columbia Sportswear Company, etc., use Kovai.co’s products to manage and monitor their Azure environments.
Cerebrata will augment Kovai.co’s product offerings and expertise in Microsoft Azure monitoring and management capabilities – improving operational efficiency, platform adoption, and competitive advantage.
Kovai.co has acquired all the assets, IP, and team; however, the Cerebrata brand will remain independent for some time due to its historical brand value.
–AK
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