Deloitte Buys HashedIn Technologies: Details About The Deal

By Annie Baker ● December 9, 2020
  • Deloitte Consulting recently announced it is buying HashedIn Technologies Private Limited. These are the details.

Deloitte Consulting recently announced it is buying HashedIn Technologies Private Limited, which is a high-end product development and software engineering firm. And this acquisition continues Deloitte’s longstanding and strategic investment in scaling core engineering capabilities to augment its deep business domain knowledge.

By working with some of the most transformative companies of the digital age, HashedIn engineers market-leading solutions leveraging cloud native technologies and modern pod-based delivery. And the combination of HashedIn’s services and Deloitte’s scaled digital, cloud, AI and cyber capabilities will deepen the capacity to design software products and intelligent solutions that drive innovation at the edge.

With over 50,000 professionals worldwide supporting organizations throughout their cloud journeys, Deloitte is hyper focused on applied engineering and innovation, a focus which HashedIn and its more than 700 employees share. And together, the two firms will prioritize training the next generation of cloud and software engineers in the latest technologies, utilizing Deloitte’s Cloud Institute program and HashedIn’s University.

The acquisition is subject to customary closing conditions.

KEY QUOTES:

“Our two organizations embrace a passion for innovation, digital transformation, and commitment to creating the best talent experience for our people. Together, we will help our clients to imagine, deliver, and run their futures with cloud.”

— Dan Helfrich, Chairman and CEO, Deloitte Consulting LLP

“Cloud, one of the most significant technology shifts of our generation and a catalyst for massive disruption, is challenging the fundamentals of most businesses and shaping them for the next decade. Deloitte and HashedIn share a common goal of delivering value to our clients through disruption and innovation.  Our clients are at an inflection point — no domain is sacrosanct — as they embrace cloud, AI, and agile pod-based delivery principles.”

— Ranjit Bawa, Cloud Leader, Deloitte Consulting LLP

“Joining Deloitte provides our business with an opportunity for exponential growth and to develop leading-edge platforms and solutions. Our culture of attracting and developing talent skilled in the latest technologies, combined with Deloitte’s depth of industry and global reach, makes us well-positioned to help clients transform their organizations and continue on a strong growth trajectory.”

— Himanshu Varshney, HashedIn CEO and Co-Founder