Wednesday, August 18, 2010

BWI: AppLabs Acquires ValueMinds, an award-winning Developer of Automated Testing Tools

Press release from Business Wire India
Source: AppLabs Technologies
Wednesday, August 18, 2010 02:45 PM IST (09:15 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology, Media & entertainment; Technology
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AppLabs Acquires ValueMinds, an award-winning Developer of Automated Testing Tools
ValueMinds is the developer of award winning web-based tools for test design and test data generation. With this acquisition AppLabs continues to add to its toolkit of open source and proprietary testing tools to improve the productivity of its workforce and help customers accelerate ROI on Quality Assurance and increase QA process efficiencies

Philadelphia, United States, London, United Kingdom and Hyderabad, Andhra Pradesh, India, Wednesday, August 18, 2010 -- (Business Wire India) -- AppLabs, the world's largest software testing and quality management company, today announced that it has acquired, Hyderabad based ValueMinds, the developer of TestersDesk.com(TM)., a set of tools for test data generation and automated test case creation. Post this acquisition, AppLabs will continue to support TestersDesk.com(TM) as a free community based tool for test design and test data generation for quality and testing professionals globally.

Commenting on the acquisition, Sashi Reddi, Founder and Chairman of AppLabs said "We are delighted to make this significant acquisition at a time when our customers are looking to us to provide thought leadership in the testing space. This is a strategic move to broaden our proprietary and open source tools so that we can provide our customers with solutions that leverage the best productivity enhancement techniques out there to drive value and quality in every project we undertake. ValueMinds would bring to the table not only some key customized tools like WS TestersDesk - a test case generator for SOA/web services and Record Generator - a test data creator for databases and performance testing, but will also demonstrate AppLabs' thought leadership in community driven testing activities" .

With the acquisition, Ashwin Palaparthi, Founder/Chief Architect of ValueMinds will join AppLabs as the Vice President, Innovation and will run several key initiatives of the company such as its Centers of Excellence in test automation, performance testing, and security testing.

"With customers demanding innovation from their service providers, this is an opportune time for ValueMinds to combine its innovative tools and IP with AppLabs, the leader in testing services, " said Ashwin Palaparthi. "We will continue to innovate from within AppLabs to create additional tools to enhance productivity, and provide many of these for free on TestersDesk.com(TM) to support the testing community out there", he added.

About AppLabs: AppLabs is the world's largest software testing and quality management company. With over a decade of experience in providing outsourced software and application testing services, AppLabs has become a trusted partner to more than 600 companies, providing both quality assurance and third-party validation. Clients include American Airlines, Experian, JP Morgan, VocaLink and National Australia Bank amongst others.

AppLabs goes beyond technical expertise when it comes to IT services and offers customers rigorous risk mitigation processes, a singular focus on quality, expert project management, communication and global delivery capabilities. It is the first software testing company to get appraised at SEI CMMI Level 5, the highest quality standard attainable in software engineering. Headquartered in Philadelphia, the company maintains advanced testing facilities in the US, India and the Europe. For more information, visit www.applabs.com


CONTACT DETAILS
Vijayalakshmi Kara, AppLabs, +91 (40) 23558000/ +91 9849083391, Vijaya.lakshmi@applabs.com
Priyangshu Dutta, Adfactors PR, +91 9717537878, Priyangshu.dutta@adfactorspr.com
Sumeet Saurabh, Adfactors PR, +91 9711306639, Sumeet.saurabh@adfactorspr.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, MEDIA, TECHNOLOGY

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