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SoftServe has acquired digital agency Hoverstate

SoftServe and Hoverstate deal to help digital business transformation (Photo: CC0 Public Domain)

The global technology company SoftServe, which also operates on the Bulgarian market, acquires Hoverstate, a digital agency specializing in in mobile and web-based solutions. The deal, the value of which was not disclosed, positions both companies as a single source of software solutions for digitally-focused organizations.

SoftServe’s global presence will leverage Hoverstate’s expertise in digital process automation in partnership with Pega Platform from Pegasystems, a low-code platform provider that accelerates enterprise transformation. Customers will have access to accelerated cloud digital processes and improved efficiency for software development using data and analytics, artificial intelligence/machine learning and software engineering.

“As a SoftServe company, Hoverstate expands our range of innovative services to help our customers optimize their processes and reduce costs in today’s macroeconomic environment,” said Chris Baker, CEO of SoftServe.

He emphasized that “Hoverstate takes a people-centric approach that results in impressive user experiences and robust business results.”

Hoverstate is already known for helping companies improve customer service, deepen engagement and reduce operating costs by up to 50% across industries. The acquisition will expand SoftServe’s industry expertise in the healthcare, life sciences, banking, financial services, transportation and logistics sectors.

The deal further emphasizes Hoverstate’s position as Pega’s specialist partner in the global customer market. Hoverstate’s expertise with the Pega platform accelerates cost optimization related to internal process transformation.

In addition, Hoverstate brings important healthcare organizations to SoftServe’s client list. Hoverstate’s holistic methodology, enhanced by SoftServe’s AI/ML and consulting capabilities, will create meaningful business results for these organizations.

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