Value Chain merges with Herald Logic

Information management vendor Value Chain has announced a merger with fellow India-based process management vendor Herald Logic.

The merger is unlikely to impact staff numbers in Australia.

Once the merger is completed, both Herald Logic's employees and operations will be integrated into Value Chain operations. Value Chain currently employs 640 people in India.

Ananda Rao, Value Chain CEO, said most of its employees are based in India, and expansion plans involve employing staff in other key locations; however, it is not known at this stage how many staff will move into the new company.

"Our business is information, and the other part of our business is how that information is used," Rao said.

"We have the ability to take business processes from a form and automate fields and provide a cockpit view of converged key performance indicators (KPI).

"This transaction will enable Value Chain to deliver complete end-to-end solution for enterprises to become real-time, event-driven organizations."

Rao confirmed there are currently nine Value Chain staff located in Australia. Seven staff are in Singapore, six in the US, three in the UK and 613 located in India.

Herald Logic has been a long-time partner with Value Chain, offering many services through the Value Chain brand for the manufacturing, financial and retail sector.

Herald Logic's executive team will be merged directly into Value Chain.

Herald Logic CEO Ram Ramdas said value Chain provides the "right fit" to provide greater options to both customers and employees.

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