Global IT services company UST has acquired the automation unit of Information Services Group (ISG), for $27 million in an all-cash transaction.
UST said Oct. 2 that the move strengthens its presence in the “dynamic intelligent automation market while laying the foundation for further growth amidst new demand.”
The acquired unit is a leading provider of intelligent automation solutions, utilizing artificial intelligence, robotic process automation (RPA) and automation technologies.
“As the intelligent automation space continues to grow, UST is committed to expanding its portfolio of automation platforms, accelerators and AI-based solutions to meet the constantly evolving needs of clients and partners,” said Sajesh Gopinath, general manager of UST Automation.
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The ISG unit offers RPA software implementation, support and licensing services.
The unit has over 120 senior automation consultants and technologists across U.S., U.K., India, Canada and Germany.
The acquired unit has strong partnerships with leading automation vendors such as Automation Anywhere, UiPath and Blue Prism, and offers end-to-end services ranging from strategy and design to implementation and support.
Aliso Viejo-based UST says the acquisition will strengthen its partner ecosystem in the intelligent automation space and allow the company to deliver a broader set of services to its clients. UST has more than 30,000 employees worldwide.
Founded in 2006, Stamford, Connecticut-based ISG employs more than 1,600 digital-ready professionals operating in more than 20 countries
