Synechron Acquires iGreenData, a Digital Engineering Organization Headquartered in Melbourne, Australia

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Synechron Acquires iGreenData, a Digital Engineering Organization Headquartered in Melbourne, Australia
Synechron Acquires iGreenData, a Digital Engineering Organization Headquartered in Melbourne, Australia

This acquisition enables Synechron to enhance its technological capabilities, broaden its service offerings, and expand its coverage to the Australian market.

Tuesday, May 14, 2024. Synechron, a leading global digital transformation consulting firm focused on financial services and technology organizations, announced its acquisition of iGreenData, a modern, data-centric digital solutions company founded in 2018. iGreenData, headquartered in Melbourne with an additional office in India, where Synechron has a significant presence, specializes in cloud-enabled data and digital engineering. The company serves a diverse array of blue-chip clients and has high domain expertise in the banking and financial services sectors, along with strengths in full-stack, DevOps, cloud, data engineering, automation, and blockchain. The acquisition of iGreenData was completed on May 13, 2024.

This acquisition enhances Synechron’s leadership in digital transformation by combining their agile, creative approach with iGreenData’s specialized skills in cloud technology and lean data engineering practices. The integration adds to Synechron’s payment capabilities in delivering customized solutions that achieve substantial business outcomes while continuing to swiftly and effectively meet their clients’ evolving needs.

Moreover, the acquisition expands Synechron’s global reach. By leveraging Australia’s strategic location, Synechron is better positioned to provide continuous support across time zones in Asia, the Americas, and Europe.

Faisal Husain, Synechron co-founder and CEO, commented, “We’re thrilled to welcome iGreenData into the Synechron family. This acquisition will enable us to continue deepening our payment technological strength and expand our footprint into the Australian market. Together, we will leverage our combined expertise in digital transformation and innovation to deliver value-added solutions that meet the evolving needs of our clients.”

Max Sundaram, iGreenData co-founder and CEO, said, “We’re very excited to become part of the Synechron team. With their global reach and our shared commitment to excellence, we’re well positioned to provide the best-in-class transformative digital experiences.”

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