MUMBAI – Mumbai-based IT services company Orient Technologies said on Thursday it had acquired Red Hut Innovation Technology Pvt. Ltd. for ₹5.75 crore and taken minority stakes in two Bengaluru-based telecom and IT firms for about ₹2 crore, expanding its footprint in South India’s digital infrastructure market.
The company said it acquired 46% stakes in both Athena IT & Telecom Solutions Pvt. Ltd. and AIT Internet Services Pvt. Ltd., taking the total value of the transactions to ₹7.71 crore.
Orient said the investments form part of its strategy to scale its digital transformation and network connectivity portfolio by combining cloud, data centre and cybersecurity services under one platform.
Red Hut, which provides managed services and software-defined wide area network (SD-WAN) solutions, will be fully integrated into Orient’s operations. The company said the acquisition will help it offer end-to-end enterprise connectivity and managed IT services.
Orient Technologies — Expanding through acquisition
Chairman and Managing Director Ajay Sawant said the deal would strengthen Orient’s position as a full-spectrum digital infrastructure provider. He said the addition of Red Hut’s managed network expertise, along with the regional capabilities of Athena and AIT Internet Services, would enable Orient to expand its service coverage and reach new enterprise clients.
Athena IT & Telecom Solutions provides consulting, integration and managed services across IT and telecom, while AIT Internet Services focuses on connectivity and telecom infrastructure. Orient said the stakes would help it access South India’s enterprise customer base and enhance its subscription-based service offerings.
Hari Krishnan, who serves as a director across the three Bengaluru-based firms, said Orient’s acquisition and investments would help accelerate innovation and scale joint capabilities. He said the partnerships would allow the companies to strengthen their product portfolio and deliver more comprehensive solutions to enterprise clients.
Focus on integrated digital services
Orient said the acquisitions would create opportunities for cross-selling its cloud, connectivity and security offerings, and strengthen its recurring revenue streams.
Chief Executive Shrihari Bhat said the company’s goal was to build an agile, future-ready organisation integrating multiple layers of enterprise technology.
The transactions align with Orient’s long-term plan to expand in India’s growing digital transformation market, where enterprises are investing in cloud-based infrastructure and software-defined networks to boost efficiency and resilience.
