SoftServe Acquires Hoverstate

SoftServe

SoftServe, an Austin, TX-based IT consulting firm, acquired Hoverstate, a Los Angeles, CA-based digital agency specializing in mobile and web-based solutions.

The amount of the deal was not disclosed.

The acquisition reinforces and extends SoftServeā€™s industry expertise in the healthcare, life science, banking, financial services, transportation, and logistics sectors. Hoverstateā€™s expertise with the Pega Platform accelerates the cost optimization associated with back-office process transformation. Further, Hoverstate brings marquee healthcare organizations to SoftServe’s client list. These organizations will accelerate business outcomes by leveraging their existing investments in technology solutions provided by Amazon Web Services, Google, Microsoft, NVIDIA, and SiteCore. The deal also further amplifies Hoverstateā€™s status as a Specialized Pega Partner for the platformā€™s solutions to a global client marketplace.

Hoverstate is a full-service digital agency focusing on digital strategy, mobile apps, web development and business applications with a deep expertise in the health insurance, pharmaceutical, and life sciences industries. The main capabilities are: AppDev, Service Design/CX/UX, UI, DevOps & Infrastructure, Big Data, AI/ML, RPA, Consultancy across primarily Healthcare and Media, Education, Financial Services verticals.

Led by CEO Chris Baker, SoftServe is an IT consulting company optimizing how enterprises and software companies do business via an end-to-end approach that assures innovation, quality, and speed across the healthcare, retail, energy, manufacturing, and financial services verticals. SoftServe has more than 12,000 associates spanning 14 countries in North America, EMEA, APAC, and Latin America.

Along with Hoverstateā€™s footprint in offices across the U.S. and Italy, Hoverstate Chief Strategy Officer and Managing Partner Rob Fauver will accompany Chief Innovation Officer and Managing Partner Kyung Ahn as part of the SoftServe family.

FinSMEs

08/06/2023