Ukrainian IT providers firm SoftServe introduced the completion of its acquisition of Indian expertise providers firm NewVision Software program, which focuses on software program growth and the modernization of IT infrastructure based mostly on cloud applied sciences, in keeping with an organization press launch on Tuesday.
As a part of the deal, greater than 700 engineers will be part of SoftServe. Amongst others, NewVision Software program CEO Kapil Godani and COO Balan Ramaswamy can even be part of the corporate.
It’s famous that NewVision Software program will proceed to function below its personal model as a completely owned subsidiary of SoftServe.
In accordance with Andriy Stitsiuk, SoftServe’s Chief Monetary and Working Officer, an growing variety of the corporate’s shoppers are growing large-scale World Functionality Facilities (GCCs) in India, the place enterprise selections are made and engineering growth takes place.
“Being alongside these groups in the identical time zones and work surroundings permits SoftServe to co-create options in actual time and reply shortly to new alternatives,” Stitsiuk mentioned within the press launch.
“In SoftServe, we discovered a associate who shares this perception and brings world-class engineering excellence and a deep dedication to shopper success. Collectively, we are able to provide shoppers broader capabilities, larger scale and the flexibility to speed up AI initiatives with confidence, whereas persevering with to supply the collaborative, hands-on partnership our groups are recognized for,” Godani, mentioned within the press launch.
SoftServe is a worldwide digital engineering and expertise consulting agency specializing in AI, knowledge, and cloud options. The corporate was based in 1993 in Lviv. Roughly 10,000 staff work throughout 49 workplaces worldwide. Taras Kitsmey, Yaroslav Lyubinets, Oleh Denis, Yuriy Vasylyk, and Taras Verveha are co-owners of the IT providers firm SoftServe; its CEO is Harry Propper.
NewVision Software program is an IT consulting and expertise providers firm specializing in software program growth, clever managed providers, product engineering, and agentic assurance. NewVision Software program’s headquarters are situated in Pune, India.