NTT DATA has signed a definitive agreement to acquire Postlight LLC, a digital strategy, design and engineering company based in New York City.
“As part of our continued multi-year strategy to drive the next phase of digital transformation in the market, we are excited to announce our intent to acquire Postlight,” said Eric Clark, chief digital and strategy officer, NTT DATA Services.
“NTT DATA is one of the world’s only full-stack companies with an unparalleled global presence and we continue to focus on bringing the best and brightest capabilities and talent to our clients,” he added.
Once the transaction closes, the acquisition will progress NTT DATA’s continued strategy to be the preferred digital innovation partner in the market.
“Postlight’s mission to create great digital experiences that drive positive change matches NTT DATA’s vision as a trusted global innovator,” said Postlight CEO Gina Trapani. “We are delighted to join a top-tier technology powerhouse.”
And joining NTT DATA “expands Postlight’s capabilities and capacity to provide premium, end-to-end services that accelerate our clients’ most important digital initiatives,” said Postlight President Chris LoSacco.
Postlight clients and employees will gain access to NTT DATA’s innovation resources, including a $3.6 billion average annual research and development investment and a team of 5,000 research professionals worldwide.
“This acquisition is part of a deliberate plan to build differentiated digital engineering and design capabilities that help our clients rapidly deliver digital products into the marketplace,” said Wayne Busch, group president of consulting and digital transformation at NTT DATA Services.