CIP Capital-backed 3Pillar Global to acquire Tiempo Development.

CIP Capital-backed 3Pillar Global, a developer of innovative digital products, agreed to acquire Tiempo Development, an Arizona-based software development firm. Financial terms were not disclosed. "Adding the Tiempo team is an important step in expanding our addressable market throughout the United States. The combination of our team's strong cultural alignment, shared Product Mindset, digital product development approach, and geographic footprint will move us towards enabling a globally distributed, continuous delivery model to better meet our clients needs for continuous product innovation," David DeWolf, 3Pillar Global CEO.