Thursday 8 September 2022

HTEC Group acquires Mistral Technologies

KUALA LUMPUR, Sept 5 (Bernama) -- HTEC Group (HTEC), a global consulting, software engineering and digital product development company, has acquired Sarajevo-based Mistral Technologies. 

Joining forces with Mistral’s team of 300, HTEC is now the largest technology company in Bosnia and Herzegovina employing close to 600 experts in the country, according to a statement.

“I am happy to say that today, we acquired Mistral Technologies, one of the best technology companies in the region, clearly a market leader in Bosnia and Herzegovina, with the passion, leadership skills, engineering excellence and company values that match our own.

“Going forward, we will continue to bring together by far the most talented technical and creative professionals in Southeast Europe and expose them to global market opportunities,” said HTEC co-founder and chief executive officer (CEO), Aleksandar Cabrilo.

Meanwhile, Mistral co-founder and CEO, Mersed Camdzic said: “We are perfectly aligned with HTEC Group in terms of our values and service delivery and I am confident we will soon become the most desired partner of choice globally, for the most complex engineering challenges.”

Mistral, the newest member of HTEC Group, was founded in Sarajevo in 2010, and has positioned itself as the employer of choice for engineering talent in Bosnia and Herzegovina, an impressive client portfolio of Fortune 500 companies.

Globally, HTEC’s team has grown to over 2,000 employees, with development centres across Southeast Europe — where the company operates in six countries — with creative and consulting offices located in the Silicon Valley, London, New York, Minneapolis, Amsterdam, Stockholm and Gothenburg.

More details at www.htecgroup.com.

-- BERNAMA

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