Ukrainian SoftServe acquired Indian IT firm NewVision Software program

Ukrainian IT firm SoftServe introduced the acquisition of the Indian firm NewVision Software program.

That is said here on the Ukrainian firm’s web site.

NewVision makes a speciality of agentic assurance?making certain the reliability of agentic AI, product growth and clever managed companies.

What is thought in regards to the deal

SoftServe says the acquisition of NewVision will develop the corporate’s technological capabilities, notably in automation, workflow building and knowledge work.

The corporate may even strengthen its presence in India, the place groups will assist massive worldwide initiatives.

After the deal, greater than 700 engineers will be part of SoftServe. The corporate notes this can assist develop world presence and strengthen shopper assist through the implementation of complicated digital transformation initiatives.

«Collectively we will supply purchasers broader capabilities, better scale and assist implement complicated know-how initiatives sooner, whereas sustaining the partnership method our groups are recognized for,» — stated SoftServe CEO Harri Propper.

After the deal is accomplished, NewVision CEO Kapil Hodani, Chief Working Officer Balan Ramasvami and the present administration workforce will stay of their positions.

The corporate will proceed to function beneath the NewVision model as a subsidiary of SoftServe.

Extra about NewVision

NewVision is an Indian IT firm based in 2016.

It really works with purchasers in healthcare, monetary companies, vitality and manufacturing.

Its workplaces are positioned within the Indian cities of Pune, Hyderabad and Bhopal, in addition to within the USA.

Extra about SoftServe

SoftServe is a Ukrainian IT firm that gives software program growth and consulting companies.

The corporate’s principal workplaces are positioned in Lviv and Austin (USA). The corporate works on greater than 900 lively initiatives for purchasers in North America, the EU and Asia.

SoftServe’s purchasers embrace firms equivalent to IBM, Cisco, Panasonic, Cloudera, Henry Schein, Spillman Applied sciences and others. SoftServe is a associate of Google Cloud Platform, Amazon Internet Providers, Microsoft Azure, NVIDIA and different main know-how firms.