Nitin Khanna
| Nitin Khanna | |
|---|---|
 | |
| Born |
18 March 1971 Chandigarh, India |
| Nationality | American |
| Alma mater |
The Lawrence School, Sanawar Purdue University |
| Occupation | Founder & CEO of MergerTech |
Nitin Khanna[1] (born March 18, 1971) is an Indian-born entrepreneur settled in Portland, Oregon, United States. He is the chairman of MergerTech,[2] an international Mergers and acquisitions Advisory firm. Prior to this, he co-founded Saber Corp. in 1998, which he later sold to EDS. Khanna took the leadership of its government business operations until EDS' acquisition by HP in 2009.
Early life and education
Khanna completed his early education at The Lawrence School, Sanawar, and obtained his bachelor's and master's in Industrial Engineering from Purdue University, Portland.
Career
Khanna[3] has been the CEO of MergerTech since its inception in 2009.
Prior to this, Khahenna co-founded a tech organization named Saber Corp,[4] which grew to become the largest standalone provider of state government solutions in US in 1998. He helped it grow to 1200 employees and over $120MM in revenue by 2007, when he sold it to EDS for $460MM. Khanna then took over the leadership of EDS' government business operation. A year later, when he departed from EDS (after HP's acquisition of EDS), the company stood at $300MM in revenue and 1500 employees.
During his tenure with Saber, Khanna managed eight mergers and acquisition transactions, and gained an experience that helped him start MergerTech.
Prior to Saber, Khanna worked with Oracle Corporation and held a number of senior positions.
In 2015, Khanna ventured into the rapidly legalizing, $100BB recreational and medical cannabis industry in the US. He started Cura Cannabis Solutions and has grown it to be counted among the largest cannabis oil providers in Portland, Oregon.
Khanna has recently become involved with Indian tech, and invested $5 million in iSOS Inc.,[5] a productivity enhancement solutions software company that offers features like real-time tracking, smart attendance, inventory management, cashless transactions, and security management. iSOS was named as the "Innovative Idea of the Year" by Tiecon, Chandigarh 2017.[6]
Khanna also sits on the boards of Vendscreen, Freewire Broadband, TiE Oregon (non-profit) and the Classic Wines Auction (non-profit), and advises over half a dozen companies in the mobile, social, and cloud spaces.
Khanna stepped down as CEO of Select cannabis oils, following news that he had reached a civil settlement with a woman accusing him of sexual assault.[7]
Acquisitions
As the CEO of MergerTech, Khanna has led numerous mergers and acquisitions deals, including the following:
- Acquisition of ArcTouch by Grey
- Acquisition of Serene Corporation by AST Corporation
- Acquisition of GlobeSherpa by RideScout
- Strategic partnership of Media Labs with MDC Partners
- Acquisition of Springbrook by Accela[8]
- Acquisition of AppThwack by Amazon Web Services[9]
- Acquisition of Serus by E2open
- Acquisition of Mutual Mobile by WPP
- Acquisition of Simple by BBVA
- Acquisition of HPM Works by Cancom
Awards
- Portland's Top 40 under 40 civic and entrepreneurial leaders in 2002[10]
References
- ↑ "Catching up with...Nitin Khanna". oregonlive.com. 25 May 2010.
- ↑ "MergerTech Accepts Bitcoin For Startup Sales Services". coindesk.com. 10 September 2014.
- ↑ "Meet Nitin Khanna – The Story of Success & Determination". wn.com. 20 February 2017.
- ↑ "Founders leave Saber Corp". bizjournals.com. 27 May 2008.
- ↑ "Saber Corp founder Nitin Khanna backs software startup iSos". vccircle.com. 26 April 2017.
- ↑ "US-based entreprenuer invests $5million in Mohali start-up". tribuneindia.com. 26 April 2017.
- ↑
- ↑ "Bay Area tech firm buys Portland-based government software maker". bizjournals.com. 8 April 2015.
- ↑ "Amazon buys Portland mobile startup AppThwack". oregonlive.com. 14 July 2015.
- ↑ "TiE Oregon Charter Member: Nitin Khanna". tie.org.