NTT DATA acquired Detroit, Michigan -based Vectorform, a digital transformation and innovation company, for an undisclosed amount.
This is M&A technology deal number 310 covered by ChannelE2E today in 2022. View more than 1,000 M&A technology deals involving MSPs, MSSPs, and IT service providers listed here.
Founded in 1999, Vectorform is a proprietary platform designed to help organizations invent digital products and improve the customer experience (CX). The Vectorform deal will complement NTT DATA’s 2021 acquisition of Nexient, according to the company, which will strengthen its digital application development and modernization capabilities.
The 80 members of the Vectorform team will join NTT DATA’s consulting and digital innovation business, the company said.
NTT DATA acquired Vectorform: Leadership Insight
Wayne Busch, president of NTT DATA Services ’consulting and digital transformation services group, commented:
“Vectorform’s multidisciplinary expertise brings a collaborative, thought-provoking and inspiring fusion of engineering and design that re-imagines the end user experience. As part of the NTT DATA family, this strategy will be accelerated by continued investment in R&D and global scope. “
Jason Vazzano, CEO and co-founder, Vectorform
Eric Clark, chief digital officer, NTT DATA Services
Jason Vazzano, CEO and co-founder, Vectorform, said:
“As we explore growth opportunities to expand our value to clients, NTT DATA clearly has a collaborative mindset that encompasses and nurtures our unique value.”
Kurt Steckling, CEO and co-founder, Vectorform, added:
“We will continue to be a strategic spear skill tip to help clients build more intimate and valuable relationships with their customers. Our integration with NTT DATA allows us to measure our impact and delivery. “
Eric Clark, chief digital and strategy officer, NTT DATA Services commented:
“We are pleased to welcome the Vectorform to NTT DATA. They are part of our multi-year strategy to drive the next phase of our digital market transformation. With our legacy of client-centricity and acquisitions of talented companies like Acorio, Nexient and Hashmap, we have the mindset and full range of capabilities to deliver the results our clients need. ”
NTT DATA: Previous Acquisitions
NTT DATA has been busy acquiring IT services and consulting firms responding to cybersecurity, AWS cloud, SAP, ServiceNow and Snowflake business opportunities. Here is a list of recent acquisitions at NTT.