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Outsourcing News : Article

British-owned Endava buys software company in Cluj

British company Endava, a provider of business IT services for companies on the financial-banking, telecom and media markets, announced that it has acquired Alfa Global Solutions (AFG), a Romanian company based in Cluj specialising in business software

The value of the transaction, which was carried out in August this year, has not been revealed. Contacted by ZF, AFG officials did not wish to make any comment. This acquisition is part of Endeva's territorial expansion strategy, a company which operates from several locations in Europe, two of which in Romania - in Bucharest and in Cluj, as well as a another centre in Chisinau, Moldova.

Endava's portfolio of services includes IT consulting, project management, IT outsourcing and software testing. The Cluj-based company is expanding its portfolio and will provide different services such as software development and testing, technical support and data processing in the near future.

Read entire article on Ziarul Financiar

Posted: Wednesday, September 27, 2006

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