Saicon Consultants, a US-based company, acquires Nagpur-based Pragmatyc Group to strengthen its enterprise artificial intelligence (AI) and AIoT capabilities, according to multiple reports. The deal is described as part of a broader effort to combine “physical operations” with enterprise data to improve operational efficiency. Both outlets say the acquisition will support Saicon’s offerings across AI and AIoT, alongside related areas such as intelligent automation and digital engineering.
The reports also note that this acquisition follows earlier Saicon purchases, including SilverSearch and Valethi Technologies, as part of its expansion in AI-focused services. Saicon’s CEO characterizes the transaction as a way to enhance the company’s AI and AIoT offerings for clients. Pragmatyc’s CEO adds that the partnership is expected to extend the reach of AI solutions, positioning the combined capabilities for a broader global customer base. Financial details of the transaction are not provided in the available summaries.