Asignet's acquisition of NTT’s Communications Lifecycle Management accelerates its path to becoming the leader in the IT Expense Management industry
ASIGNET ANNOUNCES ACQUISITION OF XIGO LLC, NTT’s COMMUNICATIONS LIFECYCLE MANAGEMENT BUSINESS, AND MULTI-YEAR, EXCLUSIVE PARTNERSHIP WITH NTT
Parsipanny, NJ, March 7th, 2023 – Asignet, a market-leading hyperautomation IT expense management provider, announced today the acquisition of Xigo LLC, NTT’s communications lifecycle management business, a wholly owned subsidiary of NTT.
As a result of the acquisition, Asignet will add a team of highly skilled professionals and global customers. Combining deep knowledge and industry leading client service expertise, global organizations can shift from a reactive approach to expense management to a proactive, persistent, and strategic approach to cost prevention and positive business outcomes.
NTT will begin an exclusive strategic partnership focused on providing Communications Lifecycle Management services for its clients.
Claudio Lopez Silva, Asignet’s Chief Executive Officer, said, 'The acquisition of NTT’s communications lifecycle management business unit provides the game-changing combination of our patented Robotic Process Automation (RPA) and our low code development platform alongside best in class managed service, experience, and intelligence. The resulting business synergies elevates the client experience beyond simply digital evidence-based insights to offer automated business operations professionals who manage and audit robotic operations and processes to maximize efficiencies and optimization.'
Commenting on the announcement, Joe Baroudi, NTT Communications Lifecycle Management’s Chief Executive Officer said, “We are thrilled to be joining the Asignet team. Marrying innovative hyperautomation technologies with human-insight means being able to modernize our client’s operations with the expertise needed to discover new efficiencies and cost savings. Through a multi-year strategic partnership agreement, NTT clients will continue to receive the same high level of service they have come to know and trust with the addition of new automated technology options and features to further simplify and solve technology lifecycle management challenges.”
Asignet is a marketing-leading hyper-automation IT expense management provider. We provide a proprietary cloud-based PaaS platform that provides the architectural backbone and set of highly flexible solutions backed by 11 global patents. A single, comprehensive platform offers a seamless, dynamic and holistic view of IT assets, usage and cost. Our employees are spread across the US, Spain, Argentina, Mexico and Uruguay.
Contact: Carolina Lobos, Vice President Marketing
Press Release: https://www.prweb.com/releases/2023/03/prweb19203795.htm