Belgian IT company Cegeka is taking a majority stake in Solver. This is a Swedish company specializing in data engineering in BI.
Hasselt-based IT provider Cegeka continues its European expansion with the acquisition of Solver Sweden. Solver is an SME specialized in business intelligence and data engineering. The company with headquarters in Stockholm has 25 employees and three branches. Specifically, Cekega is taking a majority stake in Solver, although the companies are not communicating how much percent the IT provider will own or the amount involved.
Importance of data
Cegeka wants to capitalize on the ever-growing role of data within companies with Solver. Organizations need partners with expertise to help them unlock their data and deploy AI efficiently. Kristel Demotte, Global VP Data Solutions at Cegeka, sees how this trend is taking place throughout the European market, but with a focus in and around Sweden. “Europe has a lot of growth potential, but certainly specifically in Scandinavia.”
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Cegeka acquires Swedish data specialist Solver
With the acquisition, Cegeka strengthens its international position. This is a conscious choice. “In Scandinavia, the market in the field of data and artificial intelligence is highly developed,” says Denis van Nunen, managing director of Cegeka Sweden. “The region drew the map of digital transformation there years ago and consequently sits at the head of the European pack. For Cegeka, this is therefore the ideal place to further shape our growth and the expansion of our Data Solutions business line.”