Cosmo Consult completed the acquisition of German assets from Fellowmind.

Cosmo Consult, a software and consulting company, completed the acquisition of German assets from Fellowmind, a software services company. Financial terms were not disclosed. “We are focusing our strategy with an enhanced focus on our scaled growth markets, along with accelerating our abilities to innovate and stay agile. Our main strategy of pursuing the 'Connected Company' vision stays the same. COSMO CONSULT, market leader for Microsoft-based digital solutions in Germany and leading player in the international market, recognizes the exceptional talent within our German team and the potential our operations in Germany possess. I am confident that COSMO CONSULT will offer a great new home for many of our German Fellows, who have delivered excellent service to our German customers with their innovative portfolio of services. This sale will enable COSMO to enhance their capabilities with our talented team as part of theirs. Our team will continue to serve the German customers from this new home. I would like to express my deepest gratitude to our German Fellows for their dedication and hard work” Ville Hemmilä, Fellowmind CEO.