Aricent Technologies Holdings Ltd. provides communication software for the communications industry. The Company offers middleware, consumer and enterprise applications, network management, service provisioning, and billing mediation. Aricent Technologies (Holdings) Limited is a subsidiary of Capgemini SE which acquired Altran Technologies SAS at a global level in the first half of the calendar year 2020. Pursuant to the said acquisition, all the Altran group companies, including the Company are now a part of the Capgemini?group. The Company is now a step-down subsidiary of Capgemini?SE, a listed entity formed and registered under the laws of France.
Following the acquisition of Altran group, Capgemini now ranks as the undisputed world leader in Engineering and R&D services (?ER&D?)?with a portfolio of high-profile clients, extensive sector expertise?and in-depth understanding of industrial business processes and operational technologies.
Capgemini offers its clients an unmatched and unique value?proposition to address their transformation and innovation needs?and works alongside its clients, from initial concept stage through industrialization, to invent the products and services of tomorrow and boost the value of clients? organization. Capgemini has been working with major players in many sectors like Automotive, Aeronautics, Space, Defence & Naval, Communications, Semiconductor & Electronics, Software & Internet, etc. and utilizes its global network of world-class experts, a cost-cutting industrial supply chain, and its?customized tools to deliver clients business goals in an ever more challenging environment.
The acquisition of Aricent in 2018 by the Altran group and the subsequent acquisition of Altran group, including the Company,?enabled Capgemini to strengthen its competencies and solutions in?digital, based on intellectual property developed by Aricent, extended over time and benefiting from a strategic positioning on emerging technologies such as artificial intelligence, cognitive systems and the Internet of Things (IoT). The Company offers end to end capabilities?right from design to software and hardware product development and?testing to product support services offering Deployment and TAC?services.
The Company provides outsourced product development, product support services and licensable software frameworks and solutions. The Company?s service offerings provide a comprehensive product life-cycle services for communications networks, as well as connected devices, applications and mobile services. In addition, the Company has an unrivalled portfolio of unique software frameworks?that accelerates the product development process thereby creating?significant time to market advantage for its clients. Industrialized GlobalShore? model of Altran, is strengthened by the acquisition of?the Company by Altran. Industrialized GlobalShore? relies on the Company?s ER&D teams located in Global Engineering Centers?located in India. The Company offers competitive ER&D services, providing businesses with diversified and global expertise while meeting the highest quality standards. This solution offers great flexibility and is adaptable to the specific needs, level of maturity and?geographical footprint of each client.
The principal line of business of Aricent Technologies (Holdings) Limited (?the Company?) has been, and its focus and core capability continue to be, software engineering services and solutions for the communications industry. The Company provides a comprehensive portfolio of innovation capabilities that combine customer insights, strategy, design, software engineering and systems integration that enables its clients to develop differentiated user experiences while at the same time accelerating time-to-market and optimising service operations.
The Company is a public limited company incorporated and domiciled in India. The address of its registered office is 5, Jain Mandir Marg (Annexe.), Connaught Place, New Delhi ? 110001. As at 31 March 2021 Capgemini Technology Services India Limited the holding company owned 98.25% (31 March 2020 Aricent Holdings Mauritius Limited owned 80.36%) of the equity share capital of the Company. The Company has branches in Germany, Belgium, Finland, Australia, South Korea, Canada and United States of America.
These financial statements (or ?the financial statements?) for year ended 31 March 2021 were approved by the Board of Directors on 19 July 2021.