Digital Transformation M&A: Grid Dynamics Acquires Mutual Mobile

Digital transformation companies supplier Grid Dynamics has obtained electronic expertise engineering remedies agency Mutual Cellular. Economical terms of the offer were not disclosed.

This is know-how M&A deal quantity 1,044 that ChannelE2E has covered so much in 2022. See extra than 2,000 technological innovation M&A discounts involving MSPs, MSSPs & IT support providers stated listed here.

Grid Dynamics Acquires Mutual Cell

Grid Dynamics, founded in 2006, is based in San Ramon, California. The corporation has 3,139 workers outlined on LinkedIn. Grid Dynamics’ areas of experience contain omnichannel, open source, catalog look for, scalable devices, continuous integration & constant delivery, CI/CD, software scalability, e-commerce, cloud providers, personalization, Oracle ATG, SOLR, SAP Hybris, QA automation, huge facts, release engineering and DevOps.

Mutual Cellular, started in 2009, is based mostly in Austin, Texas. The corporation has 239 personnel listed on LinkedIn. Mutual Mobile’s places of knowledge incorporate rising technological innovation, iOS answers, cross-system advancement, Android software growth, software screening and deployment, cellular structure, cellular website, cellular QA, testing & deployment, cell roadmap consulting, AR/VR, IoT, linked products and conversational design.

The acquisition will diversify its international consumer foundation in technologies, health care, automotive and monetary providers verticals and increase about 200 personnel to the combined firm.

Grid Dynamics Acquires Mutual Mobile: Govt Perspectives

Leonard Livschitz, CEO, Grid Dynamics

John Arrow, CEO, Mutual Cellular

Leonard Livschitz, CEO of Grid Dynamics, commented on the news:

“The acquisition of Mutual Mobile accelerates our strategic expansion into the India engineering industry and further solidifies Grid Dynamics’ commitment to global progress. Their technological innovation management and deep engineering techniques, significantly in the location of cell technologies and UX experience, will enhance our capacity to mobilize really-experienced groups to aid our clients in developing progressive, end-to-finish electronic solutions. With the acquisition of Mutual Mobile, we have ongoing to improve our situation as a world-wide technology firm.”

John Arrow, CEO of Mutual Mobile, included:

“Teaming up with Grid Dynamics empowers Mutual Mobile to present our clientele new options considerably outside of the realm of rising technologies. The immense assistance offerings of Grid Dynamics suggests our shoppers now have accessibility to a powerhouse able of offering unmatched organization success. Most importantly, we are becoming a member of an organization that shares our philosophy that incredible staff are paramount to unleashing extraordinary innovation.”