This business combination allows Synechron to improve its service offering, expand its capabilities and take advantage of an additional EU offshore delivery center
NEW YORK, LONDON, PUNE, India and SOFIA, Bulgaria, April 4, 2024 /PRNewswire/ — Synechron, a leading global digital transformation consultancy focused on financial services and technology organizations, announced its acquisition of Dreamix, a custom software development company founded in 2006. Dreamix, headquartered in Sofia, Bulgaria, is an end-to-end software engineering and digital product/application development company. Dreamix serves the tailored needs of a range of globally renowned enterprise clients in key industries including aerospace, transportation, RegTech, FinTech, ESG and healthcare. The acquisition of Dreamix is complete March 26, 2024.
This business combination allows the two companies to align synergies under the common theme of building and successfully delivering first-class, modern business solutions to clients, with their unique business needs as the main focus. Synechron’s DNA, which includes a drive to create innovative, digitally advanced and cutting-edge solutions, strategically integrates with Dreamix’s depth of experience across multiple technologies and platforms within the software engineering lifecycle. Moreover, this tie-up also facilitates Synechron’s further development of external services with Dreamix as well Bulgaria continues to be one of the leaders in the European region for digital production engineering. Technology Holdings acted as financial advisor to Dreamix in the transaction.
Faisal Husainco-founder and CEO of Synechroncommented, “We are thrilled to welcome Dreamix to the Synechron family. The founding visions of our two companies, as well as our similar cultures and focused core values, allow us to join forces to bring value-added benefits to an expanded audience list. Through synergy of our business, we can provide deep IT expertise to a number of existing and new clients who can achieve their goals for optimal digitized operational platforms and customized business solutions.”
Stojan Mitovdirector of Dreamixsaid: “We are very excited to be part of the highly respected global Synechron team trusted by clients. We are excited to join forces under this new partnership, as we each leverage our passionate teams and collective capabilities to deliver superior services to the combination of businesses clients.”
About Synechron:
We at Synechron believe in the power of digital transformation of business for the better. Our global consulting firm combines creativity and innovative technology to deliver leading digital solutions. Synechron’s progressive technologies and optimization strategies span end-to-end artificial intelligence, consulting, digital, Cloud & DevOps, data and software engineering, serving a range of valuable financial services and technology companies. Through research and development initiatives in our FinLabs, we develop solutions for modernization, from artificial intelligence and Blockchain to Data Science models, Digital Underwriting, mobile applications and more. Over the past 20+ years, our company has been honored with multiple employer awards, recognizing our commitment to our talented teams. Boasting world-class clients, Synechron has a global workforce of 13,500+ and has 48 offices in 19 countries within key global markets. For more information about the company, visit our website or LinkedIn community.
About Dreamix
Dreamix is a leading digital product development and software engineering company offering IT services across multiple sectors such as healthcare, fintech, logistics, aerospace, media and ESG. His client list includes top companies worldwide Europe and the USA. Dreamix has industry-leading expertise in more than 35 technologies and platforms across the entire digital product development and software engineering lifecycle. What we are most proud of is the culture in our company that celebrates joint effort, knowledge sharing and high expertise. For more information about the company, visit the company website or the LinkedIn community.
For more information, contact:
Rashmi Joshi,
Synchronous
+91-9560694654
[email protected]
[email protected]
OR
Zoe Forbes-Pyfrom
(+44) 7718 599666
[email protected]
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