DevelopersEdge/IoTNews

Commit Buys Israeli Tech Firm ITSoft For $3 Million

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Commit, the global tech services company focused on custom software and IoT solutions, has acquired Israeli tech firm ITSoft for an estimated sum of $3 million. ITSoft will reinforce Commit’s growing global presence, adding over 150 software development specialists to Commit’s international roster of tech development experts.

Founded in 2013, ITSoft provides offshore software development services to leading high-tech companies and start-ups worldwide. The company has created a recruitment model, which enables the formation of technological teams in quick periods, reducing the time and costs of development projects.

ITSoft provides expertise across a variety of fields, including BackEnd, FrontEnd, DevOps and QA Automation, and its portfolio consists of customers such as Cibus Sodexo, Jfrog, TytoCare, Radwin and Microsoft.

“The acquisition of ITSoft strengthens our ability to continue to provide our unique team building model, whereby we can build professional qualified teams for our customers in less than two weeks and enable them to try a team before they buy it. We have seen dramatically increasing demand for our team building model, and ITSoft is a key ingredient in our ability to successfully deliver it to our customers,” said Arik Faingold, President and Chairman of Commit.

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