November 22 (SeeNews) - HTEC, a Serbian software developer with headquarters in San Francisco, has said it acquired Silicon Valley product design studio Momentum Design Lab to strengthen its product design capabilities alongside core engineering offering.
UK-based Momentum will help HTEC build digital products that transform industries and businesses and improve the lives of people globally as its client roster ranges from 40 of the Fortune 500 companies to exciting start-ups, the San Francisco-based software developer said in a statement last week.
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"In Momentum, we found values and a culture that matches our own - the urge for continuous learning and professional growth, a stellar reputation among its existing customers, and a clear passion for delivering excellence when designing digital platforms and products that matter. By merging top tech talent from our engineering centers in Europe with this Silicon Valley product innovation and design-thinking mindset, we are well-positioned to offer complete digital product development and digitization services to the best companies in the world,” Aleksandar Cabrilo, the CEO of HTEC Group, said.
HTEC, established as a start-up in the Business Technology Incubator at the University of Belgrade in 2008, now employs over 1,000 people globally across offices in the US, UK, Netherlands, Sweden, and Slovenia.
The company has local offices in the US, the UK, the Netherlands, Sweden, and Slovenia, as well as 12 tech development centers across Southeast Europe to deliver digital products and platforms across domains including Healthcare, Retail, Transportation and Mobility, Logistics, FinTech, Green Energy, Media and Deep Technology.