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Magellanic Cloud has signed up for the 7th floor of the DallasCenter Building

We are overjoyed to announce that we have now signed up for the seventh floor of the DallasCenter building.The seventh floor which is the addition of our existing premises on the 6th floor, not just brings extra workspace for our dedicated employees but also sets the tone that complements our work culture. Using the expertise in IoT sensors, room air quality monitors, people counters, temperature monitors, etc., this place is made exceptionally comfortable in all aspects. More productivity, better ambiance, and exceptional indoor conditions set this floor apart in terms of employee and client experience.Further, this floor is set to be equipped with a cafeteria that will have the capacity to seat a hundred people, thus providing our dedicated team of professionals an outlet to refresh and rejuvenate themselves.We would like to thank each and everyone who has supported us in our journey, and made this feat possible.

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Magellanic Cloud announces its strategic acquisition of IVIS and Provigil

Magellanic Cloud has acquired 100% shares of IVIS International Private Limited, 100% shares of Provigil Surveillance Limited, subject to completion of closing conditions as specified in Share Purchase Agreement(SPA), by way of cash consideration approximate of INR.290,27,93,405 and INR 35,97,00,000 respectively, subject to closing adjustments based on Share Purchase Agreement., intending to expand the range of services it provides. This acquisition will add electronic surveillance to Magellanic Cloud’s portfolio and will help expand its security solutions to enterprises Magellanic Cloud works in the digital space and is at the forefront of providing innovative technology solutions to a gamut of industries. They have tie-ups with multiple brands and have offices in multiple locations in Asia, Europe, and the USA. Mcloud aims at providing quality software solutions for organizations that help accelerate their growth and resolve complicated issues. IVIS and Provigil, are AI/ML and IOT technology enabled e-surveillance company, was started by a group of entrepreneurs who had experience in the Network and Surveillance domain in the US/UK/Canada with a mission to provide state-of-the-art technology that provides e-surveillance systems which prevents theft, vandalism, compliance checks & deviations, business, and operational insights. They have been providing these services to several leading brands. The company is already serving over 20,000 sites in India.

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We have moved our Registered office from Kolkota, West Bengal to Mumbai, Maharastra.

Magellanic Cloud Limited was originally incorporated with Registrar of Companies Kolkata dated December 4, 1981 in the name of “South India Projects Limited”. The name of the company was changed to the current name “Magellanic Cloud Limited” This change took effect October 8, 2018 confirmed by the Ministry of Corporate Affairs, Registrar of Companies Kolkata. We can announce that we moved our registered office from Kolkata West Bengal to Mumbai. Officially on 20th March 2020, Magellanic Cloud is registered at a new location – Mumbai, Maharastra.

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Motivity Labs acquired by Magellanic Cloud Subsidiary, JNIT

The joint company brings Motivity’s Power of Innovation Labs to F500 Organizations. JNIT has acquired 68% of stake in Motivity Labs. Motivity Labs will continue to operate under its own brand and name. DALLAS, TEXAS – Jan 20th, 2020: JNIT (www.jnitinc.com), an IT Consulting and Solutions firm with over 500+ employees and operations in US & India, has acquired Naya Ventures Portfolio Company, Motivity Labs. JNIT and Motivity Labs officially merged from January 2020. Motivity Labs will continue to operate under its own brand and name. Motivity Labs (www.motivitylabs.com) has offices in both Dallas, Texas and Hyderabad, India and is known for their enablement of large Fortune 500 firms and local governments to accelerate innovation. Motivity Lab is currently a leading force in Big Data, Quality Assurance, Cloud Computing, and Mobile Development Services, serving customers in both the USA and India.  JNIT is a subsidiary of Magellanic Cloud, (BSE: MCLOUD). JNIT specializes in DevOps Automation, Digital Transformations, Placements, and New Product Development. JNIT has many years of experience and a proven track record of excellence. The merger has come about to build synergy and scale-up Marketing as well as deliverables. JNIT CEO, Joseph Thumma states: ‘’We believe investing in Motivity Lab was a mix of excellent timing, as well as good chemistry. Motivity Labs is in line with Magellanic Cloud’s overall strategic vision to become a Digital Powerhouse, serving both mid-size as well as Fortune 500 organizations.’’ Motivity Labs has now been added to the family of brands operated under Magellanic Cloud. Magellanic Cloud empowers their customers with Human Capital. Through people they provide knowledge, competence, and an ability to perform work that contributes to long term value. Magellanic Cloud recognizes that not all labor is equal and that the quality of employees can be improved by investing in them through education and experience. The Magellanic Cloud mission is to make sure employees have economic value for employers and thus for our customers as a whole.

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JNIT launches it’s Graduate Education Program

JNIT, a subsidiary of Magellanic Cloud will soon start it’s Graduate Education Program . This new JNIT Graduate Education Program helps our customers to reduce time-to-market, increase employee retention and speed up the on-boarding process for new hires anywhere in the USA. We are strong believers of Human Capital and training processes. Our Partner Universities, Students and our customer Hiring managers can find great benefits form the JNIT Graduate Education Program. Joseph Thumma, The Magellanic Cloud CEO says: ‘Our training methodologies are applicable anywhere in the USA and we thrive on speedier on boarding, high level of terrain experience training and deep material knowledge’.

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MCLOUD is the new abbreviated name on the BOLT Plus System

Magellanic Cloud listed on the Bombay Stock exchange has now updated the name but also the Scrip ID for the BOLT Plus System. The new ticker will be: MCLOUD. It is the new standard abbreviated name for Magellanic Cloud. More information and details here:https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20190312-14

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License renewal with BFMTV for the Hoozin Digital Workplace Software

Magellanic Cloud’s partner Hoozin signs for the 4th consecutive year a License renewal with BFMTV for the Hoozin Digital Workplace Software.  BFMTV News is a 24-hour rolling news and weather channel based in France and available globally via digital, cable and satellite television.  As the country’s most-watched news network with 10 million daily viewers, BFM TV “boasts a market share in France that is greater than any equivalent news channel around the world“.

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SIPL becomes Magellanic Cloud

SIPL, listed on the BSE under ISIN INE613C01018 and CIN L45209WB1981PLC034342 proudly announces its name change from South India Projects to Magellanic Cloud. This name change is part of a broader strategy to position Magellanic Cloud as a leader in the Digital Transformation Market, internationally. Currently, Magellanic Cloud is a fast growing player in the Human Capital and DevOps market place. The name change is just one of the many organizational and strategic steps that are to follow.

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