10/4/18 ARTECH INFORMATION SYSTEMS, LLC ACQUIRES THE TALENT & TECHNOLOGY SOLUTIONS BUSINESS UNIT (“TTS”) OF CDI CORPORATION
Posted by: Artech
For Immediate Release ARTECH INFORMATION SYSTEMS, LLC ACQUIRES THE TALENT & TECHNOLOGY SOLUTIONS BUSINESS UNIT (“TTS”) OF CDI CORPORATION Morristown, NJ — October 1, 2018
- Artech Information Systems, LLC (“Artech”) announced today that it has acquired the Talent & Technology Solutions business unit (“TTS”) of CDI Corporation. CDI Corporation is a privately held, multinational company that provides engineering, information technology, and staffing services to clients in a range of industries including energy, chemical, transportation and financial services. CDI’s TTS business unit is comprised of a team of approximately 2,500 professionals that deliver IT and engineering talent sourcing services and technology solutions to clients across North America. The acquisition will significantly enhance Artech’s market position, expanding its global talent pool of billable team members and support staff to over 10,000, and adding or expanding its service delivery locations in Atlanta, GA; Dallas, TX; Phoenix, AZ; West Virginia; and Canada.
Additionally, Artech’s annualized revenue run rate will increase to over $750 Million. Artech’s Co-Founder & CEO, Ranjini Poddar said, “We are extremely excited to welcome CDI’s Talent & Technology Solutions team to Artech! With over 65 years of experience servicing a premier client base, we believe the TTS team will contribute meaningfully to our client service capabilities. The team’s drive to deliver extraordinary client outcomes fits well with Artech’s client centric culture, and will elevate our positioning as the go-to source for IT, engineering, and professional expertise. Ajay Poddar, Artech’s Executive Vice President, added, “We expect this transaction to accelerate growth as we work with TTS’ teams to expand our client base and support capabilities in strategic regions throughout the United States and Canada.
We are also excited about expanding our services offerings to include Supply Chain Management, Managed Infrastructure Support, NOC L1/L2/L3 Support and RPO services to our new and existing clients.” ABOUT ARTECH INFORMATION SYSTEMS, LLC: Artech is a certified minority- and women-owned business enterprise (MWBE) committed to maximizing global workforce solutions on behalf of its clients. As a leading-edge technology solutions supplier, Artech provides workforce solutions, IT consulting, and SOW-project services. Headquartered in Morristown, NJ, Artech employs over 7,800 professionals and maintains over 25 locations across the U.S., Canada, India, and China. Artech was founded in 1992 and today is a Tier-1/Preferred Supplier to more than 70 Fortune 500 companies and numerous federal and state government agencies.
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BOUT CDI CORPORATION: CDI seeks to create extraordinary outcomes with its clients by delivering solutions based on highly skilled and professional talent. Through its EdgeRock Technology Partners and Artech Information Systems LLC 360 Mt. Kemble Ave., Suite 2000 ● Morristown, NJ 07960 ● Tel. 973.998.2500 ● Fax. 973.998.2599 www.artech.com CDI Engineering Solutions business units, CDI provides engineering, information technology, and staffing solutions to clients in multiple industries, including chemicals, energy, infrastructure, and technology, as well as municipal and state governments. In addition, CDI also provides recruiting and staffing services through its global MRINetwork® of franchisees. Learn more at www.cdicorp.com. ##
Artech Media Contact Lauren Lukacs, Sr. Marketing & Communications Analyst firstname.lastname@example.org