GenXAI, an AI-powered enterprise performance management (EPM) solution provider, has acquired SoftGrid Computers, a leader in application development and web design.
The acquisition aligns with GenXAI's vision, innovation, and global ambition, enhancing its capabilities in advanced mobile application development.
GenXAI aims to build cutting-edge, AI-driven platforms across diverse digital ecosystems through this strategic move.
The collaboration combines GenXAI's AI-driven expertise with SoftGrid's decade-long legacy in digital solutions.
Rakesh Agarwal, founder of GenXAI, expressed the vision of redefining the future of technology through the acquisition.
Ajay Golani, co-founder of SoftGrid, highlighted the opportunity to amplify their vision with AI technology for impactful digital experiences.
Both companies plan to develop AI-infused technologies, expand globally, and support startups, enterprises, and governments in the digital-first world.
The acquisition marks a significant step in GenXAI's business strategy and innovation efforts.
GenXAI is already delivering innovative solutions through collaborations with platforms like Anaplan and SAP.
The strategic move strengthens GenXAI's position in the market and opens new growth avenues.
The collaboration represents the beginning of a transformative journey in technology for both GenXAI and SoftGrid.
The companies aim to leverage AI capabilities to stay ahead in the digital era.
The combined expertise of GenXAI and SoftGrid aims to drive impactful digital transformations.
The acquisition is expected to pave the way for enhanced digital experiences and innovative solutions.
Both companies are focused on developing cutting-edge technologies and expanding their reach in international markets.