Announced

Completed

knowmad mood completed the acquisition of ASERVO Software.

Synopsis

knowmad mood, a technology consultancy firm in digital transformation solutions, completed the acquisition of ASERVO Software, a company specializing in software development infrastructures. Financial terms were not disclosed. “With the acquisition of ASERVO Software, we are strengthening our global capabilities in the ALM and DevOps world and fulfilling our strategic goal of entering the German market, and from there Switzerland and Austria, with a company with 14.3m in revenues in the last year, with whom we expect to achieve very important all-around synergies from the very first minute. We are also confident that the cultural fit between the two companies will be excellent, enabling us to quickly generate business synergies for both companies. For all these reasons, we are delighted to welcome all the professionals that make up ASERVO Software to our company. From today we are part of the same team. Willkommen an Bord!" José Manuel Rufino Fernández, knowmad mood President and CEO.

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