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Softeq Development Acquires Germany-based NearShore Solutions

Nearshore Custom Software Development Company Acquisition

February 21, 2018

Softeq Development GmbH in Munich Will Cater to Tech Needs of DACH Customers

Houston, TX, USA and Munich, Germany — Softeq Development announced it has completed its acquisition of NearShore Solutions GmbH. Over the 13 years of being in the ICT business, NearShore Solutions has been helping clients in the DACH region tap skills, technologies, and manpower for developing advanced business solutions. The company has become Softeq’s European customer delivery center and is located in Munich, Germany. Now renamed Softeq Development GmbH, it will cater to the needs of Softeq’s EU clients: getting first-hand experience of how the company works with the customers, negotiating contracts guaranteed by the German legislation, and discussing pressing issues at face-to-face meetings.

At the helm of the European office operations will be Benjamin Groiss. Benjamin has been driving Softeq’s sales efforts in the capacity of Sales Director. A team of local sales and account managers who boast experience of working with Lenovo, DHL, PCS, Heidelberger Druckmaschinen, among others, will handle incoming requests from prospects in the entire DACH region.

Germany is historically known as one of the world’s most thriving business locations, which is currently seeing a rise in the business climate index. The Munich region in particular generates 30% of Germany's total GDP.

“Setting up a delivery location in Germany is an important strategic step for Softeq,” said Christopher A. Howard, Softeq’s Founder and CEO. “Our core competencies map neatly onto the current economic development in the country and the Munich region in particular. Softeq is ready to help with our knowledge and skills in developing automotive, industrial automation, IoT, and line-of-business solutions. We are confident that our subject-matter expertise will help our DACH customers stay ahead of the competition.”

“We are excited to become a part of the Softeq family. This will enable us to bring Softeq’s broad range of experience directly to German and European businesses,” noted Walter Fertl, Founder and CEO of NearShore Solutions. 

About Softeq Development Corporation

Headquartered in Houston, TX, Softeq Development Corporation develops software and hardware solutions for Fortune 500 corporations and innovative startups. The company provides full-stack implementation of complex systems and devices across low-level, mobile, desktop and web. Softeq specializes in employing trending technologies, such as blockchain, IoT, automotive AR/VR, machine learning, and AI. Some of Softeq’s customers include Intel, Verizon, Epson, Microsoft, and Nvidia. Learn more at softeq.com.

About NearShore Solutions

Founded in 2005, NearShore Solutions has been catering to the technical needs of European and US companies — software suppliers and end-users. The company provides full software development lifecycle services — from inception to design, development, rollout, hosting, maintenance and support. NearShore Solutions has been working with Lenovo, DHL/Deutsche Post, PCS, Heidelberger Druckmaschinen, Munich Airport, Siemens and T-Systems, among others. Learn more at nearshoresolutions.de 

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