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SoftServe acquires NewVision Software to expand AI talent

PRIVATEAug 17, 2026about 8 hours ago

Acquiring Company

SoftServe

Acquired Company

NewVision Software

LvivIndiaInformation TechnologySoftwareConsultingIt ManagementInformation TechnologySoftwareConsultingIt Management

Description

SoftServe has acquired NewVision Software, enabling the latter to enhance its service offerings in India. The acquisition positions NewVision to leverage SoftServe's extensive resources and expertise to support Global Capability Centres. With a focus on AI-enabled engineering talent, both companies aim to transform GCCs into centers of innovation. NewVision will maintain its brand while integrating operational capabilities from SoftServe.

Company Information

Company

SoftServe

Location

Lviv, Lviv Oblast, Ukraine

About

SoftServe is a leading IT and consulting firm. It provides a range of digital solutions and services. The company is recognized for its innovative approach and has a significant presence in Ukraine's IT industry. With over 10,000 employees, it is one of the largest IT companies in the region.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired NewVision Software?

NewVision Software was acquired by SoftServe, based in Lviv. The deal was reported on August 17, 2026. SoftServe is a leading IT and consulting firm. It provides a range of digital solutions and services. The company is recognized for its innovative approach and has a significant presence in Ukraine's IT industry. SoftServe is privately held and operates in Information Technology.

When did SoftServe acquire NewVision Software?

SoftServe's acquisition of NewVision Software was reported on August 17, 2026. SoftServe has acquired NewVision Software, enabling the latter to enhance its service offerings in India. The acquisition positions NewVision to leverage SoftServe's extensive resources and expertise to support Global Capability Centres. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does NewVision Software do?

NewVision Software is a global IT consulting and services leader focused on driving digital transformation through innovative software solutions. They specialize in agentic assurance and intelligent managed services. It is privately held, operating in Information Technology, and is based in India.

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