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EPAM Systems Acquires test IO


Vista Point Advisors is pleased to announce the acquisition of test IO by EPAM Systems (NYSE:EPAM). Vista Point Advisors acted as the exclusive financial advisor to test IO.

Press Release

About test IO:

test IO provides a SaaS crowdtesting platform that empowers software development teams to ship higher-quality software faster and more flexibly. The platform enables software teams to perform on-demand testing with real people on real devices throughout the development cycle at less than 80% of typical costs, cutting testing time by 50% or more. The Company’s global tester community ensures 24/7 on-demand availability and coverage across all major devices, operating systems, and languages. test IO was founded in 2011 and is based in Berlin, Germany with an office in Oakland, CA.

About EPAM Systems:

EPAM Systems (NYSE:EPAM) is a leading global provider of digital platform engineering and software development services offering specialized technological solutions to many of the world’s leading organizations. The company focuses on innovative and scalable software solutions, using industry standard and custom developed technology, tools, and platforms to deliver results to handle business challenges. The company primarily offers its solutions in the financial services, travel and consumer, software and hi-tech, and life sciences and healthcare industries.

About Vista Point Advisors:

Vista Point Advisors is a boutique investment bank that focuses on advising middle-market companies in the Software, Mobile, and Internet / Digital Media industries. Our strategy is to partner with growing and profitable businesses that are interested in understanding their options in the marketplace. We focus exclusively on sell-side M&A and capital raising transactions. Vista Point Advisors is headquartered in San Francisco, California.

Modified on May 13, 2019