S7 Software ranked 20th in Deloitte Fast 50 Technology India

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S7 Software, a Bangalore based software migration and reengineering services company, has been ranked 20th in the Deloitte Fast 50 Technology India.

At an award ceremony held in Bangalore on the November 20, 2009, Deloitte announced the winners of the fastest growing 50 Technology companies in India.

The Deloitte's Technology Fast 50 India program is one that recognizes the fastest growing technology companies in India based on their percentage revenue growth over the past three financial years.

All eligible nominations in the Deloitte Technology Fast 50 India 2009 program will automatically qualify for participation in the Deloitte Technology Fast 500 Asia Pacific 2009 program which recognizes the 500 fastest growing technology companies in Asia Pacific, rankings of which will be announced on the 10th of December, 2009 in Hong Kong.

Speaking on the ranking, Manjunath M Gowda, CEO, S7 Software said “The Deloitte Fast 50 ranking recognizes S7 Software’s great team and engineering strength which has led to significant percentage revenue growth since 2007. We are proud to be a part of Deloitte Fast 50 technology ranking and look forward to the Deloitte Fast 500 Asia Pacific 2009 listing”.

S7 Software (www.s7software.com) is a specialized provider of Migration and Reengineering services, enabling clients to transform legacy IT, for increased business value and improved competitive edge. Our proven methodologies and automated tools ensure cost effective, predictable and quicker migrations.

Note: On Nov 5th2009, Blue Coat Systems Inc, Sunnyvale, CA (NASDAQ: BCSI) announced that it has entered into an agreement to acquire S7 Software Solutions Pvt. Ltd., and that upon the close of the transaction, S7 Software will serve as Blue Coat’s new development center in India. The transaction is subject to regulatory approval and is expected to close by January 31, 2010.