German technology group Ratiodata has acquired Romanian digital services company Accesa for an undisclosed sum, Accesa said.
Through the acquisition, Ratiodata Group will enhance its capabilities to support customers’ end-to-end digital evolution needs, Accesa said in a press release on Monday.
"We are now excited to welcome Accesa and its talented professionals within the Ratiodata Group, strengthening our capabilities to deliver complete digital evolution journeys for major brands in both regulated and non-regulated markets; covering hardware, engineering, as well as software development and managed services solutions across the DACH region," Ratiodata board spokesman Martin Greiwe said.
Ratiodata Group said it aims to hire around 400 additional IT professionals over the next three years, including risk specialists, engineers with experience in key technologies, as well as professionals with strong analytical and German-language skills in Romania.
Earlier this year, Arcesa and Ratiodata founded RARo, a joint venture that bundles the two companies' competencies to accelerate business evolution in highly regulated markets like banking, insurance and healthcare.
As it joins its sister-company RARo as part of the Ratiodata Group, Acdcesa will have a shared Romanian – German management team.
RARo will engage with companies in regulated industries, while Accesa will target non-regulated ones, providing complete digital evolution services for their clients through a right mix of on-site and remote service delivery capabilities.
Accesa was founded in 2004 in Romania's northwestern city of Cluj-Napoca, and now has offices in Oradea. Outside of Romania, the company has offices in Zurich and Munich. Accesa employs more than 700 IT professionals in its over 20 competence centres.
Ratiodata AG is one of the largest system houses and service providers for banking technology and document digitalisation in Germany with around 1,400 employees in 14 locations and branch offices nationwide. Its annual turnover exceeds 300 million euro ($356 million).