QualiTest Group News
24 articles
Qualitest Group to ramp up global workforce to 10,000 in 18 months
Qualitest Group plans to expand its global employee base to 10,000 in the next 18 months. The company recently opened a new delivery centre in Chennai, India, and has grown its presence in the country through acquisitions. They are also in talks with two to three more firms for acquisitions. The Chennai centre is an important part of the companys strategic expansion plans. The expansions and acquisitions reinforce the companys foundation in India and enhance its capabilities and workforce.
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Qualitest acquires India's ZenQ, adds over 600 engineers | CTech
Qualitest, an AI-powered quality engineering company, has acquired ZenQ, an Indian-based software testing company. The acquisition will add more than 600 engineers to Qualitests team and expand its geographical footprint in India. The amount of the deal was not disclosed. This is Qualitests fifth acquisition in 2021, following previous acquisitions in Europe, the U.S., and India. The company aims to become the worlds preferred Quality Engineering firm and offer innovative solutions for digital transformation.
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Software testing firm Qualitest buys Chicago firm to expand reach
Qualitest Ltd., an Israel-based software testing and quality assurance company, has acquired Chicago-based Olenick & Associates. This acquisition will give Qualitest a foothold in quality assurance for utilities and expand its presence with three new offices. It is the companys third acquisition this year. Financial terms were not disclosed. Qualitest aims to grow sales fivefold within five years through organic growth and acquisitions. Olenick & Associates is a global player in software quality engineering practices, with a focus on utilities, legal, and financial services sectors. Qualitest serves over 250 blue-chip customers worldwide. In 2019, Bridgepoint Advisers Ltd. acquired a controlling stake in Qualitest for $420 million.
Acquisition
Qualitest acquires Israeli co Comply for over NIS 50m
Qualitest, a US software testing and quality assurance company, has announced its acquisition of Comply, an Israeli quality assurance pharma and digital health specialist. This acquisition will strengthen Qualitests position in the medical technology testing market. The financial details of the acquisition were not disclosed, but market sources estimate that Qualitest paid more than NIS 50 million for Comply. Complys 83 employees will join Qualitests team, and Teva, Merck, Johnson & Johnson, GE Medical, and AbbVie will be added to Qualitests list of clients. The acquisition will make Teva one of Qualitests leading pharmaceutical accounts globally. The acquisition aims to expand Qualitests footprint in the growing pharma tech market.
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Qualitest acquires QA Infotech, an Indian-based quality assurance company
Qualitest has announced its acquisition of QA InfoTech, an independent quality assurance company based in India. The acquisition is expected to expand Qualitests automation testing capabilities and nearly triple its capacity for offshore delivery. The deal will add approximately 1,000 new employees to Qualitests workforce. The acquisition aligns with Qualitests vision to help clients increase their speed to market through automation. The combined expertise of Qualitest and QA InfoTech will enable them to offer comprehensive testing services and innovative automation solutions. Qualitest was founded in 1997 and offers AI-powered engineering and testing solutions. QA Infotech, founded in 2003, delivers software testing solutions in various industries.
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Data Saves the Day: Qualitest AI Expert on Being Recruited to Help Israel Combat Covid-19
Data scientist Ron Ritter, head of AI and data science at Qualitest Group, shares his experiences working on a government task force to analyze data and provide insights for Israels response to the COVID-19 pandemic. Qualitest created an index to measure countries ability to cope with the medical challenge, and the data successfully predicted high infection rates in the US and UK. The article also mentions that Qualitest acquired prediction analytics solutions provider AlgoTrace in December 2019, and Ritter took over as head of AI and data science at Qualitest. The company has been adjusting rapidly to the new-normal caused by the pandemic, providing data and expertise to help clients with business continuity plans and cybersecurity challenges.
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Former Qualitest CEOs Acquire Two Software Startups for $5 Million
Former executives of Qualitest, Ayal Zylberman and Tali Shem Tov, have acquired software startups WellDone Software and CodeValue for a combined $5 million. The duo plans to merge the two companies into one entity, with Shem Tov serving as CEO. The new company plans to hire an additional 40 developers by the end of the year. CodeValue and WellDone Software offer software development, UI/UX design, consulting, and mentoring services.
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Qualitest seeks acquisitions to reach $1 billion revenue goal
Israeli software testing firm Qualitest aims for $1 billion in sales in five years and plans to make acquisitions to reach that goal. The company currently has annual sales of about $200 million, growing by roughly 25% a year. Qualitests CEO, Norm Merritt, stated that the company is profitable and expects organic growth to reach $400-$500 million, with the remainder achieved through acquisitions. Bridgepoint, a London-based private equity group, bought a majority stake in Qualitest last year. The company is planning an acquisition in the United States soon. Qualitests clients include Microsoft, Avaya, and BSkyB.
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Israeli software tester Qualitest sees strong growth as world goes digital
Israel’s Qualitest Ltd., the world’s largest independent software testing company by revenue, aims to grow sales fivefold within five years. The company plans to achieve this through organic and inorganic growth. In July, private equity firm Bridgepoint Advisers Ltd. acquired a controlling stake in Qualitest for $420 million. The funds from the investment will be used to grow market share through global acquisitions, strengthen product development and recruit more workers. The company provides automated and manual software testing services for companies including Google, Microsoft, and Intel Corp.
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Software Testing Company Qualitest Buys Machine Learning Company AlgoTrace
Qualitest Ltd., a software testing company, has acquired AlgoTrace Ltd., a data analysis and machine learning company. The financial terms of the deal were not disclosed. Qualitest, founded in 1997, provides software testing services for companies like Google, Microsoft, and Intel. In July, private equity firm Bridgepoint Advisers acquired a controlling stake in Qualitest for $420 million. The acquisition of AlgoTrace will allow Qualitest to expand its AI-based testing product offerings.
Acquisition
Qualitest Announces Expansion in Austin, Lisbon, and Mexico City, Creating 500+ Engineering Jobs
Qualitest, the worlds largest independent quality assurance and engineering company, is expanding its employee base with new locations in Austin, Texas, Lisbon, Portugal, and Mexico City, Mexico. The expansion is driven by the growing client base and business development in various industries. The company plans to create more than 500 positions focused on quality engineering and search language localization. This expansion is part of Qualitests accelerated growth strategy and global expansion plans. Qualitest recently opened facilities in Romania and London and aims to better serve clients and position itself for further business growth. The company is hiring talent globally and offers career pathways, access to technical courses, and the opportunity to work on impactful projects. Qualitest is accelerating its global expansion and acquisition strategy after receiving an injection of capital earlier this year.
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Software Quality Has Become Crucial in Almost Every Industry, Says Qualitest Co-Founder
London-based private equity firm Bridgepoint has acquired a controlling stake in software testing company Qualitest for $420 million. Software quality has become increasingly important as the world becomes more reliant on software. Qualitest provides automated and manual software testing services for companies like Google, Microsoft, and Intel. Despite selling most of his stock, Qualitest co-founder Ayal Zylberman will remain a shareholder but not take an active role in the company.
Acquisition
Bridgepoint buys Israeli co Qualitest for $420m
Private equity group Bridgepoint is buying a majority stake in Israeli software testing firm Qualitest from Marlin Equity Partners. The financial terms were not disclosed, but the deal is at a company value of $420 million. Qualitest, based in Petah Tikva, has developed AI-powered engineering and testing products for tech firms in various sectors. Marlin Equity Partners, which bought Qualitest in 2016 for $85 million, will remain a minority shareholder. Qualitest CEO Norm Merritt expressed that Bridgepoints long-term capital commitment will accelerate the companys development and global acquisition strategy.
Acquisition
QualiTest Signs $3m Multi-year Partnership Agreement with AI Start-up, DeepCoding
QualiTest has signed a collaboration agreement with DeepCoding to develop the Test Predictor, an AI testing tool. The agreement also includes worldwide distribution rights for DeepCodings IT Delivery Intelligence Platform. The Test Predictor is designed to help test professionals and IT managers make informed decisions based on facts and data. It can predict software quality issues and optimize test runs, reducing development time and costs. Two deployments of the Test Predictor have already been finalized with Fortune 1000 companies in the US and UK. QualiTest sees this partnership as the first of many AI integrations to expand its solutions offering.
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QualiTest buys US co Orasi software testing activity
QualiTest, the worlds largest software testing company, is acquiring the software testing division of Orasi for an estimated price of NIS 35 million. This acquisition will position QualiTest among the top five testing services companies in the US. QualiTest aims to become the leader in the global testing market, which is valued at over $16 billion annually. The company has a 12% share of the global software testing market and a 1.2% share of the global testing market. QualiTest has made strategic decisions to expand through mergers and acquisitions, and this acquisition marks their first deal for which more than $10 million was paid. The companys activity in the US is expected to grow substantially, while the Israeli market will remain significant for QualiTest.
Acquisition
Software Testing Company Qualitest to Recruit 100 Employees in Israel
Software testing company Qualitest Ltd. is recruiting 100 employees for its Israel offices. The company provides automated and manual software testing services for companies including Google, Microsoft, and Intel. Qualitest has additional offices in India, the U.K., Europe, and the U.S. In July, Qualitest announced the acquisition of Experior Ltd., a U.K. software testing company. Earlier this month, Qualitest acquired U.S. based information security company Pytheus to expand into the growing blockchain market.
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Marlin acquires Experior and merges it with QualiTest Group PE Hub
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QualiTest Group Acquires Experior Group, Positioning Itself as a Leader in SAP Testing
QualiTest Group has announced the acquisition of Experior Group, the only SAP certified partner in the U.K. dedicated to software testing. This acquisition further secures QualiTests position as one of the worlds largest independent software testing and business assurance companies in the U.K. QualiTest plans to roll out SAP testing capabilities globally and establish SAP Testing Centers of Excellence in India and the U.S. Experiors SAP testing capabilities will enhance QualiTests service offerings for clients and partners, allowing them to expand their reach into different markets. QualiTest is a global leader in software testing and quality assurance, serving over 500 customers worldwide.
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Worldwide Business with kathy ireland® Interviews QualiTest to Discuss Their Customer-Centric Software Testing Solutions - Independent Software Testing Company Quality Assurance Services Qualitest
QualiTest Named Winner of San Diego's Best and Brightest Companies to Work For® 2017 - Independent Software Testing Company Quality Assurance Services Qualitest
QualiTest Partners with Red-Team Security to Offer Expanded Comprehensive Solutions - Independent Software Testing Company Quality Assurance Services Qualitest
QualiTest and Net-Translators Announce Partnership to Support Software Companies with Testing, Quality Assurance and Localization Solutions - Independent Software Testing Company Quality Assurance Services Qualitest
Marlin Equity Partners buys Israeli co QualiTest
US investment fund Marlin Equity Partners is acquiring a controlling stake in QualiTest, a software testing company, at a company value of NIS 300 million. QualiTest is the largest software testing company in Israel and the second largest in the world. The company has branches in the US, the UK, and India, and employs over 2,000 staff. The acquisition will involve Marlin acquiring all of Kedma Capitals 50% stake and the stake of QualiTests president and CTO Eli Margolin. QualiTests CEO Ayal Zylberman will continue in his role and remain a significant shareholder in the company.
Acquisition
QualiTest Recognized as Visionary for Second Consecutive Year in Gartner's Magic Quadrant for Application Testing Services
QualiTest has been recognized as a Visionary in Gartners Magic Quadrant for Application Testing Services for the second consecutive year. The recognition is based on QualiTests completeness of vision and ability to execute. The CEO of QualiTest attributes their success to their efforts in converting clients into partners and understanding both their wants and needs. The positioning of Visionary means that QualiTest has shown comprehension and implementation of important market trends and direction. QualiTest credits their clients, partners, and employees for their achievement. QualiTest is the worlds second largest pure play software testing and QA company, delivering contextualized solutions that leverage industry-specific understanding and technology-specific competencies.
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