QStride Inc., a Detroit-based provider of IT staffing, struck a deal to be acquired by Drisla Inc., a provider of consulting in blockchain, analytics, machine learning and artificial intelligence.

Drisla is based in Hyderabad, India, with a US office in Princeton, New Jersey.

In the deal, Drisla will acquire QStride’s assets and customer contacts; it intends to fund the transaction with cash and debt financing.

QStride founder and CEO Shane Gianino said the deal represents an important building block for the company. “It will also allow us to better serve our customers in the tristate area of New York, New Jersey, Connecticut, and Pennsylvania, where we already have a client base,” Gianino said.

Gianino will remain with the company as operating CEO and equity shareholder and the company will continue operating under the QStride brand.

QStride was founded in April 2012 in Troy, Michigan, and reported it reached revenue of $1.5 million the following year.

“Shane and his team have done a great job over the years positioning QStride for long-term success,” said Pavan Kuchana, Drisla founder and CEO. “Their niche in business intelligence, analytics, data warehousing and software engineering align very well with our expertise in innovative technology offerings such as AI, ML, and blockchain.”