Bangalore, India – February 19, 2013 – The Xitadel Group, a technology solutions company, announced today that it has acquired a portion of the business interests of Allegis Services India. As a result of this business agreement, Xitadel will acquire the distribution of CAE technology products in the Indian market. This includes well-known products such as ANSA from Beta CAE, CARSIM from Mechanical Simulation Corporation and LS-DYNA from the Livermore Software Technology Corporation.
“The sales and technical support teams will both migrate from Allegis Services India to Xitadel, and we can assure our customers that they will continue to receive these services at the same level of excellence,” said Todd Lovinger, director of Allegis Services India. “Allegis Services India has experienced dramatic growth in its core engineering services business, and the sale of this business unit helps us to sharpen our strategic focus on our core business.”
“We recognize that Allegis Services India has set high standards of performance for this business” said Prakash “Krish” Krishnaswamy, chief executive officer of the Xitadel Group. “They have brought exceptional technologies and associated services to the CAE market. We are pleased to acquire this business from Allegis Services India, and we will commit to the same outstanding level of excellence as we take over this business.”
About Allegis Services India
Allegis Services (India) Private Limited is an indirect subsidiary of Allegis Group, Inc., a private company founded in 1983. As the largest staffing company in North America, Allegis Group serves its customers through several business units that provide staffing services and solutions to a wide range of industries. Allegis Group’s business units include Aerotek, a provider of technical, professional and industrial staffing services; TEKsystems, a provider of IT staffing and consulting services; MarketSource, a provider of outsourced sales and marketing solutions; Major, Lindsey & Africa, a legal staffing and search firm; Aston Carter, an IT recruitment company; and Allegis Group Services, a provider of human capital consulting and workforce management solutions. Headquartered in Hanover, Maryland, Allegis Group has offices in over 300 cities throughout the Americas, Europe, and Asia.
About Xitadel CAE Technologies India Private Limited
Xitadel offers leading edge technology solutions to the markets it serves, covering CAE, Vehicle Dynamics, SIL/HIL simulation, etc. Xitadel partners with leading sources of technology such as Mechanical Simulation Corporation, BetaCAE and Livermore Software Technology Corporation. The technology solutions it offers spans multiple industries including automotive, aerospace, construction equipment, medical devices, etc.