Chennai, March 1: US-based private equity firm Haveli Investments has acquired AppViewX, a leading certificate lifecycle management and public key infrastructure company, for an undisclosed amount. The acquisition highlights Haveli’s confidence in AppViewX’s market leadership and underscores its commitment to leveraging India’s technology talent for accelerating growth and innovation.
Haveli Investments sees India as a crucial driver for AppViewX’s future growth, reinforcing its commitment to investing in the region’s technical expertise and innovation ecosystem.
New Leadership to Steer Growth
As part of the acquisition, Dino DiMarino, a seasoned cybersecurity expert, has been appointed as the Chief Executive Officer (CEO) to lead the company into its next phase of expansion. Additionally, Jim Vasil has been named as Chief Financial Officer (CFO), and Stephen Tarleton as Chief Revenue Officer (CRO), effective immediately. The new leadership team is expected to strengthen the company’s financial foundation and global market presence.India as a Key Innovation Hub
AppViewX operates two Centres of Excellence in Coimbatore and Bengaluru, employing highly skilled engineers and developers. The company considers India a vital hub for its global operations, with a strong emphasis on machine identity security and post-quantum readiness.Anand Purusothaman, Founder and Chief Technology Officer of AppViewX, expressed pride in the company’s journey, stating:
"AppViewX's journey has been extraordinary—from its origins in India to becoming a global leader in machine identity security. Our success is a testament to the exceptional talent and innovation cultivated in our India centers, where some of the brightest minds have shaped our cutting-edge solutions with unwavering dedication and vision."
Future Prospects
With Haveli Investments’ backing and a refreshed leadership team, AppViewX is poised for rapid expansion, focusing on cybersecurity innovation and strengthening its market position globally.The acquisition marks a significant step in AppViewX’s evolution, reinforcing India's role as a powerhouse of technological innovation while driving growth in the cybersecurity domain.
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