US-based global technology company ThoughtWorks said that it has agreed to acquire Romanian software development and consulting services firm Gemini Solutions for an undisclosed sum.
This acquisition is expected to significantly improve ThoughtWorks' ability to support and service clients, especially in Europe, the Chicago-based company said in a press release on Wednesday.
The transaction is expected to close later this month, subject to the satisfaction of closing conditions.
The Gemini Solutions team will provide nearshore support for ThoughtWorks’ clients in the UK and Germany as well as continued support for existing clients in North America, France and Germany.
Serban Tir, previously the chief technology officer of Gemini Solutions, will serve as general manager of ThoughtWorks Romania.
"The team will form a key part of ThoughtWorks’ global as well as European expansion plans. We have been seeking a premium partner to help increase our nearshore delivery capability and capacity especially in Europe and Gemini Solutions is a strong fit," ThoughtWorks president and CEO Guo Xiao said.
Gemini Solutions was founded in 2005 in San Francisco by Romanian entrepreneurs Theo Nissim and Florin Parlea, a group of Silicon Valley Romanian technologists. The company's main activity is in Romania, where it has over 170 team members working in offices located in Bucharest, Cluj and lasi.
Founded in 1993, ThoughtWorks currently provides software design and delivery, and tools and consulting services through 43 offices in 14 countries.
Comments are closed.
March 2023 February 2023 January 2023 December 2022 November 2022 August 2022 July 2022 May 2022 February 2022 January 2022 December 2021 October 2021 August 2021 July 2021 June 2021 May 2021 April 2021 March 2021 February 2021 January 2021 December 2020 November 2020 October 2020 August 2020 July 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 March 2019 December 2018 November 2018 October 2018 September 2018 August 2018 March 2018 January 2018 December 2017 November 2017 October 2017 September 2017
11th annual CEE Business Services Awards
Build it or Buy It?: Outsourcing in Poland and Central Eastern Europe
BSC Directors VIP WineTastings, June-September 2023
BSC Charity Beach Volleyball Tournaments - June and August 2023