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NTT Data Acquires Digital Services Provider NETE

IT services provider NTT Data announced today it has acquired NETE, a Virginia-based digital design services firm.

The deal, which marks NTT Data’s 19th acquisition, is set to close for an undisclosed amount later this year. The company will bring on NETE’s 300 employees and will leverage NETE’s expertise in public healthcare to build out its services in that sector. NETE will maintain its branding but will now be known as NETE, an NTT Data Company.

“NETE clients and employees will benefit from access to the vast resources of a top 10 technology and business services provider, including global R&D, infrastructure and investments in digital transformation and innovation,” said Sandeep Somaiya, Managing Director of NETE. “The depth and breadth of NTT DATA’s commercial experience among healthcare providers, health plans and life sciences, as well as its strong reputation in the public sector, will open the door for additional opportunities for NETE customers.”

Somaiya will be a part of the NTT Data public sector leadership team.

A well-established player in the industry, NTT Data was founded in 1988 and has 120,000 employees. At FinovateFall earlier this year, the Japan-based company demoed Mirror, a new service that leverages AI to help caregivers make financial, medical, and lifestyle decisions on behalf of their clients.