ALTEN Group to acquire Romanian tech company Qualitance

ALTEN has committed to acquire Qualitance, a company founded 15 years ago by Radu Constantinescu and Ioan Iacob. The transaction is expected to close by the end of the year under the condition that the requirements of the Romanian Competition Authority are entirely met.

Qualitance is present on 3 continents – Europe, North America, Australia and has worked with some of the largest companies in the world, such as News Corp, Virgin, IKEA, Johnson & Johnson.

ALTEN, a technology and innovation consultancy and services group founded in France in 1988, has an international team of over 45,000 employees, 90% of whom are engineers.

The group is also present in Romania through two entities – ALTEN SI-Techno Romania and ALTEN Delivery Center – with over 1.000 employees.

SEE ALSO: Software solutions developer Plain Concepts to open a hub in Bucharest

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