Digital Transformation M&A: Grid Dynamics Acquires Mutual Mobile
Digital transformation companies provider Grid Dynamics has acquired digital working experience technologies options company Mutual Mobile. Economic conditions of the deal were not disclosed.
This is technologies M&A offer quantity 1,044 that ChannelE2E has included so considerably in 2022. See additional than 2,000 engineering M&A promotions involving MSPs, MSSPs & IT company companies outlined below.
Grid Dynamics Acquires Mutual Mobile
Grid Dynamics, established in 2006, is primarily based in San Ramon, California. The firm has 3,139 workforce shown on LinkedIn. Grid Dynamics’ spots of expertise contain omnichannel, open up source, catalog lookup, scalable devices, steady integration & continual shipping, CI/CD, software scalability, e-commerce, cloud solutions, personalization, Oracle ATG, SOLR, SAP Hybris, QA automation, large details, release engineering and DevOps.
Mutual Mobile, founded in 2009, is based mostly in Austin, Texas. The company has 239 staff members stated on LinkedIn. Mutual Mobile’s places of skills contain rising technologies, iOS solutions, cross-platform advancement, Android application advancement, software testing and deployment, mobile style, cell website, cellular QA, tests & deployment, cellular roadmap consulting, AR/VR, IoT, related gadgets and conversational layout.
The acquisition will diversify its world wide shopper foundation in technological know-how, health care, automotive and money services verticals and add around 200 employees to the merged enterprise.
Grid Dynamics Acquires Mutual Cell: Government Views
Leonard Livschitz, CEO of Grid Dynamics, commented on the information:
“The acquisition of Mutual Mobile accelerates our strategic growth into the India engineering market place and further solidifies Grid Dynamics’ dedication to international growth. Their technologies management and deep engineering capabilities, especially in the location of mobile technologies and UX expertise, will enhance our potential to mobilize highly-skilled groups to help our clientele in creating progressive, conclude-to-conclude digital options. With the acquisition of Mutual Mobile, we have ongoing to bolster our situation as a international technology organization.”
John Arrow, CEO of Mutual Mobile, included:
“Teaming up with Grid Dynamics empowers Mutual Mobile to give our customers new options significantly outside of the realm of emerging technologies. The enormous service offerings of Grid Dynamics suggests our clients now have accessibility to a powerhouse capable of delivering unmatched enterprise outcomes. Most importantly, we are signing up for an business that shares our philosophy that amazing workers are paramount to unleashing remarkable innovation.”