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Solvd Inc. Acquires EastBanc Technologies to Drive Its New AI-Strategy

PRIVATEOct 07, 2024

Acquiring Company

Solvd

Acquired Company

EastBanc Technologies

CaliforniaWashingtonInformation TechnologySoftwareSoftwareGovernment

Description

Solvd Inc., an end-to-end software engineering company and global technology consultancy, has announced the acquisition of U.S. based AI-consulting firm, EastBanc Technologies. This acquisition sets a clear course for Solvd's AI-driven strategy and new AI offerings, combining Solvd's robust engineering capabilities with EastBanc's core strengths in AI, Data, Infrastructure & DevOps, and Product Development.

Quick answer

Solvd is acquiring EastBanc Technologies, announced October 7, 2024. Solvd is based in California, United States.

How much did Solvd pay for EastBanc Technologies?
The deal value was not disclosed.
What does Solvd do?
Solvd Inc. is an end-to-end software engineering and consulting company headquartered in California with over 800 employees located across Latin America, North America, and Europe.
Where are Solvd and EastBanc Technologies based?
Solvd is based in California, United States. EastBanc Technologies is based in Washington, District Of Columbia, United States.
Who are the decision-makers at Solvd?
Fundz holds 1 contact at Solvd. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Solvd

Location

California, United States

About

Solvd Inc. is an end-to-end software engineering and consulting company headquartered in California with over 800 employees located across Latin America, North America, and Europe. The company delivers exceptional engineering and digital solutions to Fortune 500 clients across high-growth industries including financial services, retail & e-commerce, healthcare & life sciences, social media, software, and more.

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Frequently asked

Who acquired EastBanc Technologies?

EastBanc Technologies was acquired by Solvd, based in California. The deal was reported on October 7, 2024. Solvd Inc. is an end-to-end software engineering and consulting company headquartered in California with over 800 employees located across Latin America, North America, and Europe. Solvd is privately held and operates in Information Technology.

When did Solvd acquire EastBanc Technologies?

Solvd's acquisition of EastBanc Technologies was reported on October 7, 2024. Solvd Inc., an end-to-end software engineering company and global technology consultancy, has announced the acquisition of U.S. based AI-consulting firm, EastBanc Technologies. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does EastBanc Technologies do?

EastBanc Technologies is a Washington, D.C.-based software development pioneer, creating cutting-edge technology solutions for customers worldwide in the commercial, enterprise, and federal, state, and local government sectors. It is privately held, operating in Software, and is based in Washington.

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