Orient Technologies acquires Red Hut, invests in Athena and AIT for Rs 77.1 Mn
The company has acquired a 100 per cent stake in Bengaluru-based Red Hut Innovation for Rs 57.5 million. Red Hut is known for its managed service provider (MSP) and SD-WAN offerings, and the acquisition aligns with Orient’s strategy to evolve into a fully integrated digital infrastructure company. Additionally, Orient has acquired 46 per cent stakes each in Athena IT & Telecom Solutions Pvt. Ltd. and AIT Internet Services Pvt. Ltd.
Ajay Sawant, Chairman & Managing Director, Orient Technologies, said, “This marks an important step forward in Orient Technologies’ growth journey. The acquisition of Red Hut will enhance our enterprise connectivity capabilities, while investments in Athena and AIT expand our regional reach and strengthen our full-spectrum service offering.”
Athena IT & Telecom Solutions, with a strong presence in South India, brings consulting, integration, and managed service expertise, while AIT Internet Services adds telecom and connectivity strength to Orient’s portfolio. These partnerships are expected to create synergies that enable end-to-end, future-ready solutions across India.
Hari Krishnan, Director of Red Hut, Athena, and AIT, said, “Orient Technologies’ investment reflects strong confidence in our growth potential. With their scale and reach, we will accelerate innovation and deliver greater value to customers.”
With these strategic acquisitions and investments, Orient Technologies has reinforced its integrated digital infrastructure offering, enhancing recurring revenue streams and cross-selling opportunities across its enterprise customer base. Shrihari Bhat, CEO added, “These initiatives align with our long-term vision to integrate cloud, connectivity, security, and managed services, empowering customers in their digital journeys.”