Convotis completed the acquisition of Teralco & Devcenter.

Convotis, a software company, completed the acquisition of Teralco & Devcenter, a software company. Financial terms were not disclosed. “With the acquisition of Teralco & DevCenter, we are realizing a significant advancement in our alignment with the future trends of Data & AI. This integration allows us to expand our service portfolio with innovative and forward-looking solutions. As a result, we not only strengthen our offerings but also reinforce our position as a leading IT service company in the European IT market,” Manuel Ebner und Andreas Kiefer, Convotis Managing Directors.