MMTR Technology

MMTR Technology is an IT company that provides software development and testing services, as well as system integration services. Among other things, the company is engaged in the creation of complex and highly loaded systems, automated testing systems, business intelligence and data analysis.

As reported on the MMTR Technology website at the end of January 2022, the company developed projects for IBM, Intel, Emerson, Unica, Global Central Network, etc.

History

2022: Softline bought MMTR Technology

At the end of January 2022, Softline announced the purchase of MMTR Technology. The cost of the transaction of the company did not disclose.

We are very happy to join the Softline team at such an interesting time. I believe that our team will be of great benefit by helping Softline achieve its growth goals. Now the world is more in demand than ever for IT specialists in the field of application development, their updates and testing, and we are ideal for benefiting from this, "said the head of MMTR Roman Smirnov.

Softline acquired MMTR Technology

This acquisition, as stated in Softline, will allow the company to better provide customers around the world with the skills of leading specialists from emerging markets, helping to meet the ever-growing demand for IT specialists in the field of application development, modernization and testing.

In addition, at the end of January 2022, Softline signed an agreement to acquire a controlling stake in the developer of integrated solutions for banks, e-commerce and stock exchanges in Central and Eastern Europe SoftClub (Scgroup Investments Limited).

The founder and head of the Softline supervisory board Igor Borovikov noted that these transactions will increase the number of software engineers in the company to about 2.5 thousand.

This means that we have reached 50% of our plan to have 5,000 software engineers in the near future, "he stressed.

By the end of January 2022, MMTR Technology employs more than 440 programmers.^[1]

Notes