Softvision, LLC has acquired Vancouver based Momentus Software Inc. Financial terms were not disclosed.
Founded in 2012, Momentus Software is a design and development company located in Vancouver, Seattle, and Austin. It specializes in: Digital Product Design Connected Hardware, Wearables, IoT and Beacons App Development for iOS & Android Augmented Reality & Virtual Reality Backends and OS Customization. Its clients include Fortune 500 companies, global organizations and disruptive startups.
The acquisition adding a 17th node to Softvision’ worldwide Studio network.
“The acquisition of Momentus enables Softvision to strengthen our Product, Design, and UX Guilds to better service our North American customers. Momentus is a digital innovator; they have an outstanding product design capability to deliver the most engaging digital experiences for various key verticals.” said Andres Angelani, Softvision’s CEO.
“Momentus joining Softvision gives us full access to a great pool of talent to continue our growth. Through Softvision’s network of Studios, we can now scale innovation across new industries,” said Almaz Nanjappa, founder and current CEO of Momentus.
Established in 1994, Atlanta, Georgia based Softvision is a leading developer of digital products, which leverages its network of Studios to help our clients evolve talent, process, and technology; while creating the most impactful custom digital experiences that connect brands and consumers in a relevant and rewarding interaction. With over 2,400 product, design and engineering professionals, throughout a network of 17 studios, in 8 countries and 5 continents, Softvision provides a unique value proposition that infuses innovation into every engagement with its clients.
photo credit: Momentus Software
Ted is the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, Canada's most sophisticated and advanced all private capital and public market financing database.
Latest posts by Ted Liu (see all)
- Drop announces US $44M Series B led by HOF Capital - August 22, 2019
- H1 2019 – Owen Bird and Torys leading law firms in exempt financing - August 21, 2019
- Intercap’s Docebo files for IPO on TSX - August 20, 2019