Momentus Software acquired by Softvision

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 Liu

Ted Liu, M.Sc. (Mining), MBA (Finance), is the Editor of Private Capital Journal, CanadaMetals.ca, TechWire.ca, and the former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, having most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA).

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.