Grid Dynamics Acquires Netherlands-based Daxx

Publication date:

27.12.2020

Publication from:

Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (“Grid Dynamics”), a leader in enterprise-level digital transformation, announced it has acquired Daxx, a Netherlands-based software development and technology consulting company.

Headquartered in Amsterdam with engineering centers situated in major tech hubs across Ukraine, Daxx brings more than 20 years experience in delivering highly differentiated software services to clients across a wide range of industry verticals. In addition to high-end software development, the company provides consulting services spanning agile process reengineering, lean development, and DevOps. Daxx serves customers in the Netherlands, Germany, U.K., and U.S., enjoying long-term relationships with high-growth start-ups and established software companies operating in the fields of digital media, healthcare, education, and high tech.

We are very pleased to welcome Daxx into the Grid Dynamics family. This acquisition marks an important milestone in the company’s history. Amsterdam is a well-known innovation hub, and we are excited to make it our beachhead as we expand our client presence throughout Western Europe. Daxx and Grid Dynamics share a culture of technical innovation and excellence, accentuated by a deep focus on European delivery. This acquisition marks another step in our journey to become a company with truly global reach,