DataArt Acquires SFL to Expand Digital Engineering Capabilities
September 8, 2021
DataArt, a global software engineering firm, announced its acquisition of SFL, an Armenia-based software development company. The deal is intended to strengthen DataArt’s digital engineering capabilities and expand capacity by uniting teams in Yerevan. The transaction is subject to regulatory approval and expected to close in Q3 2021, with financial terms undisclosed.
- Buyers
- DataArt
- Targets
- SFL
- Industry
- IT Services
- Location
- Armenia
- Transaction Type
- Buyout
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