AROBS Transilvania Software announced the acquisition of a 70% stake in Codingscape, an American company specializing in technology consulting and software development. This is AROBS' first acquisition in the US and its 12th since its listing on the Bucharest Stock Exchange in 2021. The deal will allow Codingscape to access European markets, while AROBS will strengthen its presence in North America. Codingscape, founded in 2018, has a team of 60 specialists and works with clients across a range of industries, including Zappos and Twilio. Once the transaction is finalized, Codingscape will continue to operate as an independent brand.
Sources
Latest News
13:48
A 37-year-old man has been arrested for causing the Old Trails fire in Spokane, Washington, which destroyed over 700 homes.
13:41
Iran and Oman are negotiating an agreement to reopen the Strait of Hormuz, but the controversial provisions raise international concerns.
13:32
A Russian soldier opened fire on comrades and some civilians in Sevastopol, Crimea / Four people died, and four others were injured.
13:28
Prime Minister Vasile Tofan considers the visit of the delegation of the Ministry of Agriculture from Afghanistan to Moldova unacceptable, resulting from an evaluation error.
13:20
Automotive suppliers are losing more jobs than large manufacturers, and new investments are shifting towards electric vehicles.
See more news