[TechUkraine news] Grid Dynamics acquired Daxx with engineering centers in major tech hubs across Ukraine

Grid Dynamics Holdings, Inc., 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 (Kyiv, Kharkiv, Dnipro, Lviv), Daxx brings more than 20 years of experience in delivering highly differentiated software services to clients across a wide range of industry verticals.

“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,” said Leonard Livschitz, Chief Executive Officer of Grid Dynamics.


About Grid Dynamics: 

Grid Dynamics (Nasdaq: GDYN) is a digital-native technology services provider that accelerates growth and bolsters competitive advantage for Fortune 1000 companies. Grid Dynamics provides digital transformation consulting and implementation services in omnichannel customer experience, big data analytics, search, artificial intelligence, cloud migration and application modernization. Grid Dynamics achieves high speed-to-market, quality, and efficiency via technology accelerators, an agile delivery culture and global engineering talent. Founded in 2006, Grid Dynamics is headquartered in Silicon Valley with offices across the U.S. and Central and Eastern Europe.  

About Daxx: 

Daxx is a Dutch IT company with 4 development centers in Ukraine: Kyiv, Kharkiv, Dnipro, and Lviv. The company builds distributed teams of software engineers for mature companies and startups, primarily from Western Europe and the United States. The client portfolio covers such areas as fintech, cybersecurity, e-commerce, e-learning, etc. 

via Business Wire