Announced
Financials
Sources
Tags
Software
Acquisition
Pending
digital transformation
Majority
Private
Friendly
Cross Border
Armenia
Single Bidder
Synopsis
DataArt, a global software engineering firm, agreed to acquire SFL, an Armenia-based software development company. Financial terms were not disclosed. “We are pleased to welcome SFL to the DataArt family. By uniting our teams in Yerevan, we are creating the strongest IT team in the region, with a unique corporate culture and endless opportunities for career growth. The merger with SFL reinforces our commitment to invest in Armenia, strengthen our team and enhance client service,” Eugene Goland, DataArt President.
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