SolarIT Solutions acquires Sri Lanka’s Tetris.lk
Daily FT: SolarIT Solutions, a Canada-based IT consulting and tech services firm, has completed its acquisition of Tetris Ltd., a Sri Lankan digital experience agency. The acquisition strengthens SolarIT’s presence in South Asia, expanding its ability to deliver digital transformation solutions through a globally distributed team.
Through this acquisition, SolarIT positions Tetris as its global digital experience arm, combining advanced IT consulting with creative technology execution. By connecting teams across Canada and Sri Lanka, the collaboration enables seamless, round-the-clock service coverage, enhancing project efficiency and client responsiveness. The integration also provides Tetris with expanded resources, expertise, and market exposure, strengthening its ability to drive innovation and make a meaningful impact within Sri Lanka’s digital ecosystem.
Tetris Chief Visionary Officer Srinikanth Pannerselvam said: “This acquisition marks an exciting new chapter for Tetris. Joining forces with SolarIT allows us to take our creative and technical expertise to a truly global scale while continuing to deliver innovative digital experiences for our clients. With operations now across North America, Europe, and South Asia, we combine regional insight with international exposure, offering our partners around-the-clock service and next-generation web solutions.”
Srinikanth, a Sri Lankan-born tech leader, noted: “This move is more than just a strategic business expansion, it’s a personal mission to give back to my country of origin. By building opportunities in Sri Lanka, we aim to create jobs, nurture local talent, and foster a work culture that invests in employee growth — both professionally and personally.”
OSL take:
Sri Lanka’s ongoing economic expansion and the target of achieving regional hub have created a host of business/investment opportunities in the country’s digital industry and related sectors. The growth and profits recorded by businesses already engaged in the local digital industry and related sectors as well as the interest shown by foreign businesses/investors to enter the industry, are indicative of the increasing business potential in the industry. With Sri Lanka already in a strong position in the digital industry, the country also has many opportunities due to the need to be on par with the fast-evolving global digital industry. These opportunities are revolving in nature and present a host of lucrative business ventures. While there are many business/investment opportunities up for grabs, foreign businesses/investors could also explore the possibilities of further expanding operations through partnerships or joint ventures with local businesses that are already in the digital industry and related sectors.
| Article Code : | VBS/AT/20251112/Z_3 |