DALLAS, Aug. 8, 2024
/PRNewswire/ -- Nobl Q, a leading global AI- and cloud-based
solutions provider, announced today the acquisition of Propel, a
renowned software developer that specializes in advanced technology
solutions. This strategic acquisition is set to amplify Nobl Q's
proficiencies and its reach across multiple verticals, as it brings
together some of the sharpest minds in the industry.
The integration of Propel's advanced capabilities and innovative
solutions into Nobl Q's comprehensive suite of services is
anticipated to provide unparalleled value to clients, fostering
enhanced digital transformation initiatives and business growth
beyond the traditional scope, all designed to drive client
success.
"We are excited to welcome Propel into the Nobl Q family," said
Caldwell Velnambi, CEO and Founder of Nobl Q. "Just as grammar is
the backbone of literature, ensuring its integrity and clarity, the
culture at Propel embodies the essence for successful software
development. This acquisition is a significant milestone in our
mission to deliver innovative and impactful technology solutions.
Propel's business focus, expertise in software development, and
their commitment to excellence align perfectly with our vision and,
together, we will drive transformative change for our clients."
This is the third major acquisition made by Nobl Q in the past
twelve months, tripling both its revenues and employee base, and
bolstering its offerings significantly, making Nobl Q one of the
fastest-growing AI and cloud solutions companies in the US.
As part of the acquisition, Propel's CEO, Bala Chandra, will take on the role of Chief
Operations Officer at Nobl Q, and Propel's COO and CHRO, Malar
Chandra, will assume the role of Nobl Q's Chief Integration and
Transformation Officer. These leadership placements underscore the
strategic importance of this acquisition, positioning Nobl Q to
leverage Propel's strengths, drive future growth, and integrate
their competencies into Nobl Q's business model. These appointments
follow suit with the corporate transformation Nobl Q has made this
year, adding tremendous experience and technology prowess to an
already stellar leadership team.
"Joining forces with Nobl Q presents a tremendous opportunity
for Propel and our clients," said Bala
Chandra. "Our combined expertise and shared dedication to
innovation will enable us to deliver even greater value and support
to our customers. We are thrilled to embark on this new chapter
together."
The combined entity will operate under the Nobl Q brand,
creating a one-stop-shop for digital transformation for companies
across industries and around the globe.
Propel's robust portfolio and experienced team will enhance Nobl
Q's service offerings, providing clients with an even broader range
of advanced solutions tailored to meet their specific needs. It is
through the acquisition of remarkable assets like Propel which
exemplifies Nobl Q's commitment to staying at the forefront of
technological advancements and delivering outstanding client
outcomes.
About Nobl Q
Nobl Q is an AI-first, digital solutions company helping
businesses grow through tailored strategies and cloud solutions
rooted in SAP®, Salesforce, Microsoft,
ServiceNow®, Acumatica, AI, tax solutions and more. Nobl
Q is solving today's technology problems, transforming businesses,
and training the next generation of tech experts. Headquartered in
Dallas, Texas, Nobl Q has a global
reach through offices and delivery locations in North America, Canada, India, UK, Netherlands, France, and Italy.
About Propel
Propel is a software development company known for delivering
advanced technology solutions across healthcare, finance, and
manufacturing sectors. With a strong focus on innovation and client
success, Propel has established itself as a trusted partner for
leading organizations seeking to drive digital transformation and
achieve business growth.
View original
content:https://www.prnewswire.com/news-releases/nobl-q-expands-its-ai-and-digital-solutions-offerings-and-strengthens-client-impact-with-strategic-acquisition-of-propel-302218500.html
SOURCE Nobl Q