Technology startup AntWorks and Benchmark Systems, a leading cloud-based Healthcare Application Services Provider, today announced that the Board of Directors of both companies have unanimously approved a definitive agreement under which AntWorks will acquire Benchmark Systems.
Asheesh Mehra, Co-Founder and CEO of AntWorks, said, “We are at a stage in our life cycle where we are looking at platforms which could help us in going global. The opportunity to acquire Benchmark Systems is fantastic, not least because of the highly scalable cloud based solutions which the company has developed, but also the strong platform the company offers for growth in terms of talent, clients, geographic footprint and offerings.”
The strategic acquisition will allow AntWorks to reach out to Benchmark Systems’ 400 strong customer base across the 40 states of the U.S. A combined AntWorks and Benchmark Systems will result in a significantly larger global company with presence in over six countries across three continents, delivery centers in two countries and over 400 employees around the world. Employees in the combined company are expected to have more opportunities to pursue careers across a larger, more diversified global business.