Austin, Texas-based IT consulting firm acquires Los Angeles, California-based digital mobile and web-based solutions agency

The acquisition reinforces and extends SoftServe's industry expertise in the health care, life science, banking, financial services, transportation and logistics sectors. Hoverstate's expertise with the Pega Platform accelerates the cost optimization associated with back-office process transformation.

Hoverstate is a full-service digital agency focusing on digital strategy, mobile apps, web development and business applications with a deep expertise in the health insurance, pharmaceutical and life sciences industries. The main capabilities are: AppDev, Service Design/CX/UX, UI, DevOps & Infrastructure, Big Data, AI/ML, RPA, Consultancy across primarily health care and Media, Education, Financial Services verticals.

Led by CEO Chris Baker, SoftServe is an IT consulting company optimizing how enterprises and software companies do business via an end-to-end approach that assures innovation, quality and speed across the health care, retail, energy, manufacturing and financial services verticals. SoftServe has more than 12,000 associates spanning 14 countries in North America, EMEA, APAC and Latin America.

Hoverstate Chief Strategy Officer and Managing Partner Rob Fauver will accompany Chief Innovation Officer and Managing Partner Kyung Ahn as part of the SoftServe family.

"As a SoftServe company, Hoverstate expands our suite of innovative services to help our clients streamline processes and minimize costs in today's macroeconomic environment," said Chris Baker, SoftServe CEO. "Hoverstate takes a human-centric approach that results in amazing user experiences and robust business outcomes that will be amplified across SoftServe's clients and prospects."

"We believe joining a strong digital transformation services provider is the best path to deliver increased capabilities and exceptional digital solutions to our clients," said Rob Fauver, managing partner at Hoverstate. "SoftServe shares our people-first values. The cultural synergies between the firms are unmatched."

Details of the transaction amount were not disclosed.

SOURCE: SoftServe

NOT FOR REPRINT

© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.