ATCOItek

Edmonton, Canada Founded: 1999 • Age: 27 yrs Acquired By Wipro
IT services are provided for logistics and utilities sectors.
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About ATCOItek

ATCOItek is a company based in Edmonton (Canada) founded in 1999 was acquired by Wipro in July 2014.. ATCOItek operates in a competitive market with competitors including UST, Breed Reply, Globant, NTT DATA and Accenture, among others.

  • Headquarter Edmonton, Canada
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
Operational Areas
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Wipro

    (Jul 18, 2014)

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Funding Insights of ATCOItek

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ATCOItek

ATCOItek has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Wipro. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Wipro is recognized as a consulting-led, AI-powered technology services company.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ATCOItek

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - ATCOItek

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Atcoitek Comparisons

Employees
+
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Competitors of ATCOItek

ATCOItek operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, Breed Reply, Globant, NTT DATA and Accenture, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
High-quality office furniture is provided by UST for various needs.
domain founded_year HQ Location
AI, cloud, and blockchain services are provided globally.
domain founded_year HQ Location
IT and digital transformation services are delivered to various industries.
domain founded_year HQ Location
Application development, cloud, cybersecurity, and business intelligence services are provided.
domain founded_year HQ Location
IT and management consultancy services are provided globally.
domain founded_year HQ Location
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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Frequently Asked Questions about ATCOItek

When was ATCOItek founded?

ATCOItek was founded in 1999.

Where is ATCOItek located?

ATCOItek is headquartered in Edmonton, Canada. It is registered at Edmonton, Alberta, Canada.

What does ATCOItek do?

Founded in 1999 and headquartered in Edmonton, Canada, ATCOItek operates as a subsidiary of Wipro. IT services are delivered primarily to the logistics and utilities industries, encompassing managed infrastructure, customer care, billing systems, applications management, and comprehensive end-to-end solutions. Additional offerings include targeted solutions for manufacturing, noise abatement, and business systems integration.

Who are the top competitors of ATCOItek?

ATCOItek's top competitors include Infosys, 1&1 IONOS and Genpact.

Who are ATCOItek's investors?

ATCOItek has 1 investor. Key investors include Wipro.

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