UST Acquires Accrete Hitech Solutions to Expand Digital Product Engineering Capabilities

ALISO VIEJO, Calif., February 3, 2022 /PRNewswire/ — USTa leader in digital transformation solutions, announced the acquisition of Accredit Hitech solutions, a consulting and outsourcing company that provides information technology and engineering services with a focus on high technology, semiconductors and networking. UST is a leader in the product engineering space, and this acquisition will add even more breadth and depth to the digital product engineering portfolio for UST.

UST continued its inorganic growth through strategic acquisitions and investments, adding and enhancing its digital portfolio and capabilities across various verticals. Along with its innovation ecosystem and customer-centric philosophy, the company has grown organically above the industry average.

Commenting on the acquisition, Sunil KanchiChief Investment Officer and Chief Information Officer, UST, noted, “At UST, we are focused on expanding and enhancing our deep digital product engineering capabilities, and the acquisition of Accrete Hitech Solutions will help us achieve this goal. Together, we will create class-leading solutions. to enable organizations to streamline their operations.

Accrete Hitech Solutions was founded in the heart of Silicon Valley with its headquarters in Santa Clara, Californiain the United States and has offices in New DelhiGurgaon, ChennaiBangalore in Indiaand Singapore.

Accrete’s acquisition will combine the strengths and resources of both companies to offer a broad range of IT and product engineering solutions and services. These include:

  • Engineering services: mechanical engineering design; Manufacturing Engineering; electrical and electronic services; Supply chain management and operations, among others.
  • IT services: SAP CC; SAPCRM; Mobility, network security, IT infrastructure and software engineering, among others.

“Accrete’s highly experienced team of engineers and technologists have a wide range of technology and engineering skills that will complement UST’s existing global capability. Together, our two companies will accelerate the digital journey for organizations around the world,” said Gilroy MatthewVice President and Head of Semiconductors, UST.

“We are thrilled to be part of a rapidly growing global organization like UST,” said Sanjay MinochaCEO and Managing Director, Accrete Hitech Solutions. “Our goal has been to help businesses drive value through digital transformation through our IT and engineering capabilities. Under the UST umbrella, we hope to have an even greater impact in areas such as networking and semiconductor services and solutions.

About the UST

For over 22 years, UST has worked alongside the world’s best companies to drive real impact through transformation. Powered by technology, inspired by people and driven by our purpose, we partner with our customers from concept to operation. Using our agile approach, we identify their key challenges and craft disruptive solutions that bring their vision to life. With deep domain expertise and a scalable philosophy, we embed innovation and agility into our clients’ organizations, delivering measurable value and lasting change across industries and across the globe. Together, with over 28,000 employees in 25 countries, we are building for unlimited impact, touching billions of lives in the process. Visit us at

Media contacts, UST:

Tinou Cherian Abraham
+1 (949) 415-9857

Neha Misri
[email protected]

Media contacts, United States:

Suzanne Dawson, S&C PR
[email protected]

Cécile Fradkin, S&C PR
[email protected]

Media contacts, UK:

FTI Council
[email protected]


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