HTEC, a leading digital product development and engineering services company based in San Mateo, CA, has recently made a significant acquisition that is set to propel its capabilities in AI, machine learning, and embedded technologies. The firm has acquired Syrmia, an embedded software engineering company from Belgrade, Serbia. While the financial details of the deal remain undisclosed, the implications are evident—HTEC is strengthening its commitment to cutting-edge technologies and expanding its global reach.
HTEC, founded in 2008, has been steadily growing its team and expanding its presence over the past 16 years. With 23 development centers across Southeast Europe and offices worldwide, the company has established itself as a powerhouse in the digital product development and engineering services sector. The acquisition of Syrmia aligns with HTEC’s larger strategy to enhance its core technology engineering and machine learning capabilities. By integrating Syrmia’s expertise, HTEC aims to solidify its position as a formidable force in the field.
Syrmia, established in 2018, has quickly made a name for itself in embedded software engineering. With a team of 250 experts, the company specializes in developing advanced solutions, including machine learning frameworks and software tailored for the automotive and consumer markets. By joining forces with Syrmia, HTEC gains access to a talented pool of engineers and significantly broadens its range of services.
The partnership between HTEC and Syrmia presents an exciting prospect for both companies. Together, they will offer a comprehensive suite of sophisticated services to high-tech companies, startups, and global enterprises. By leveraging the expertise of their combined teams, HTEC and Syrmia are well-equipped to tackle even the most complex challenges in the ever-evolving world of technology.
Aleksandar Čabrilo, CEO of HTEC, expressed his enthusiasm about the acquisition, stating that it marks a significant milestone in the company’s mission to provide cutting-edge solutions to clients worldwide. With this landmark deal, the future for both HTEC and Syrmia looks brighter than ever.
As the lines between human ingenuity and digital innovation blur in the rapidly evolving landscape of technology, this acquisition signifies a transformative shift in the tech industry itself. HTEC and Syrmia’s partnership is set to reshape the world of digital product development and engineering services, paving the way for new breakthroughs and advancements.
In conclusion, HTEC’s acquisition of Syrmia underscores its commitment to AI, machine learning, and embedded technologies. This strategic move not only strengthens HTEC’s own capabilities but also provides new growth opportunities for both companies’ talented workforces. As the dust settles on this landmark deal, it is evident that HTEC and Syrmia are poised for a future of innovation and success.
