Thoughtworks Acquires Technology and People from Watchful

Thoughtworks

Thoughtworks (NASDAQ: TWKS), a global technology consultancy that integrates strategy, design and engineering, acquired individuals and technology assets from Watchful, a San Francisco, CA-based company which enables organizations to accelerate the creation, enhancement and deployment of AI models.

This acquisition enables Thoughtworks to become the leading AI transformation partner globally.

The company has acquired a team of seven highly skilled professionals from Watchful, including the co-founders Shayan Mohanty and John Singleton. These individuals bring a wealth of AI and data expertise in addition to AI research, which will enhance Thoughtworks’ ability to deliver AI and data solutions for clients.

The integration of Watchful’s technology into Thoughtworks’ suite of Data and AI services will expedite AI deployment, moving projects from proof of concept to production rapidly and effectively, thereby providing clients with faster returns on their AI investments.

As Thoughtworks has acquired key personnel and assets from Watchful, the existing business operations of Watchful will cease. Current Watchful clients will continue to receive support for their existing subscriptions.

Led by Guo Xiao, chief executive officer, Thoughtworks is a global technology consultancy that integrates strategy, design and engineering to drive digital innovation. The company employs over 10,500 people strong across 48 offices in 19 countries.

FinSMEs

18/04/2024