Atlanta Cloud Software Provider With India Ties Acquires New York Firm
Summary
ProArch, a software firm based in Alpharetta with ties in India and beyond, has acquired a New York-based company to strengthen its U.S. operations. ProArch CEO Santosh Kaveti said in a news release that the move would give employees at both firms heightened opportunities, in contrast to the consolidation story that plays out in many mergers. “As we experience accelerated growth through new client acquisition, the inevitable outcome will be new roles and promotion opportunities for our people. Mr. Kaveti’s family runs the Yashoda Foundation in Secunderabad, India, near the tech hub of Hyderabad, where ProArch has an office. ProArch says the nonprofit provides services to children and families via community learning centers in the states of Telangana and Andhra Pradesh.
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