September 2 (SeeNews) - U.S.-based technology services, consulting and software company HTEC Group, which was founded in Serbia, said on Friday it has acquired Bosnian technology company Mistral.
The acquisition makes HTEC the largest technology company in Bosnia with nearly 600 employees, HTEC said in a press release.
You can subscribe to our M&A newsletter here
The value of the deal was not disclosed.
Sarajevo-based Mistral was established in 2010. It employs over 300 people.
The HTEC Group also has offices in Serbia, North Macedonia, Slovenia, The Netherlands, Sweden, the U.K. and the U.S.
In July, HTEC said it has acquired Bosnian software company WaySeven Technologies, which provides services for clients in the Silicon Valley and Europe.