Phoenix Group, a group of companies with expertise in software, robotics & automation Products/solutions, has announced the acquisition of Bit Mapper Integration Technologies (BMIT) Pune, Maharashtra.
With this acquisition, Phoenix Group intends to expand its strength in Engineering, robotics & IIoT while blending in BMIT’s expertise in high-end FPGA & embedded designing.
Mr. Amit Mahajan, the CEO, Phoenix Group, said, “the acquisition of Bit Mapper Integration Technologies was a well-planned approach to facilitate our customers with better and more effective embedded designs and automated solutions.” Commenting further on the acquisition, he said, “We are thrilled to advance our embedded design and engineering services with BMIT. It will help us leverage their engineering expertise and create more powerful automation products and solutions for our customers.”
Mr. Rakesh Mehta, Founder & CEO, BMIT, added, “It’s a great feeling to be a significant part of a bigger group and a larger vision. Our core skill of designing gets more and more opportunities here. Until recently, we were building systems for someone else. But now, we also get to develop systems/products for ourselves. The work done across the group of companies is brilliant. We have a lot of products in the pipeline. We are proficient in cutting-edge technology skills.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.