Nihilent acquires GNet Group LLC

Nihilent Technologies has acquired GNet Group LLC (www.gnetgroup.com), a leading US based service and solutions company specializing in business intelligence and collaboration and content for an undisclosed amount.

According to the agreement between the companies Nihilent will acquire the full ownership of GNet Group.  “We are excited for the opportunities that this acquisition brings both Nihilent and GNet Group’s customers,” said L.C. Singh, Vice-Chairman and CEO of Nihilent. “This acquisition is a result of GNet Group’s profitability and growth, and its extensive expertise in the business intelligence and analytics space.”

Nihilent, with a 14 year track record of delivering cutting edge change management solutions to global businesses across verticals, will now be able to enhance its expertise in business intelligence and software application development, especially in the American region.

“We are pleased that we were able to complete this transaction with Nihilent so smoothly,” said Venkat Kavasseri, CEO of GNet Group. “We look forward to continued growth and success, leveraging Nihilent’s global scalability and additional offerings.”

GNet Group is a Minneapolis headquartered company, with operations in Midwestern and South Central United States, and has deep expertise in business intelligence services, SharePoint and application development.