Latvian quality-engineering firm TestDevLab acquired by US firm Xoriant to support international growth
Latvian software quality engineering firm TestDevLab has been acquired by US-based Xoriant, a global engineering and technology services company. This strategic move aims to bolster Xoriant's quality engineering capabilities while providing TestDevLab with a broader international reach. The acquisition highlights the ongoing consolidation within the software testing and quality assurance sectors. The partnership combines TestDevLab's 14 years of experience with Xoriant's extensive network of 28 offices across the USA, Europe, and Asia. TestDevLab, founded in 2011, employs 500 professionals, primarily in the Baltics and North Macedonia. The company specializes in test automation, performance testing, security, accessibility, and AI testing solutions. This acquisition impacts both companies by providing access to broader market opportunities and deeper expertise in AI-driven QA. TestDevLab's co-founders will remain as co-CEOs, and the company plans to increase hiring. This consolidation trend reflects a wider move towards integrating established QA providers into larger engineering groups, particularly those focused on automation and safety-focused testing. This acquisition follows Xoriant’s earlier acquisitions of FEXLE Services, MapleLabs, and Thoucentric, indicating a broader strategy of expansion and strengthening its position in the global engineering and technology services market. European activity in software-testing shows a steady flow of investment, reflecting a broader trend of ongoing investment in the field.
Curated and translated by Europe Digital for our multilingual European audience.
Source Information
European Alternatives You Might Like
Mangopay
Mangopay is a payment infrastructure provider specializing in payments for marketplaces and platforms. It offers virtual wallet technology for managing funds, enabling features such as split payments, multi-currency support, and KYC/AML compliance. Key functionalities include automated payouts, transaction monitoring, and customizable payment flows. This service is primarily aimed at businesses that manage marketplaces, crowdfunding platforms, and sharing economy models and require complex payment solutions. Mangopay distinguishes itself by offering a flexible and scalable payment solution specifically designed for platform-based business models, allowing them to control cash flows and streamline payment processes.
Scaleway
Scaleway is a European cloud computing provider offering a range of services, including servers, storage, and networking solutions. Key features include bare metal servers, virtual machines, object storage, and managed Kubernetes. It's suitable for developers, startups, and businesses seeking cloud infrastructure for web applications, data storage, and various other workloads. Scaleway distinguishes itself through competitive pricing and a focus on European data sovereignty, with data centers in France and the Netherlands.