Ukrainian Intellias acquires C2 Solutions, an American tech services company

Intellias, a Ukrainian software engineering and digital consulting company, has acquired 100% of the shares in C2 Solutions, a Bloomington-based tech services company. Intellias informed AIN that the deal will strengthen its offerings in Digital Health and Medical Devices, and accelerate its expansion in the US.

  • Intellias serves clients in mobility, retail, financial services, telecom and media, and high-tech sectors that includes product engineering, AI/ML, cloud and DevOps, IoT, data and analytics. The company operates in North America, Europe, Middle East, and Asia. Since February 2022, it has opened three new offices in Poland, development centers in Croatia, Bulgaria, Portugal, Spain, entered the markets of India and Colombia.
  • The fresh deal follows its first acquisition of Digitally Inspired, a UK-based IT services provider, back in September 2022. The company also claims it cooperates with global brands like HERE Technologies, Rand McNally, TomTom, HelloFresh, and Travis Perkins.
  • A year ago, Intellias announced its plans to hire several hundred engineers in 2023 and increase the team to about 3,000 engineers in Ukraine by the end of 2023.
  • Founded in 2010, C2 Solutions offers services in development and integration, information architecture and data insights, and firmware & software engineering. The company is also operating in digital health and medical devices technology capabilities.

About the deal

Our goal is to support our clients around the world with technical expertise and deep industry knowledge that allow us to take on and implement projects of any complexity and size. Strategic M&A plays a pivotal role in reaching that goal, as we continue to build on our track-record of robust organic growth,

Michael Puzrakov, co-founder and Executive Chair of Intellias, commented.

The exact amount of the deal is undisclosed, however, it is known that Intellias has acquired 100% of the shares in C2 Solutions. The acquisition will help to expand its offerings across North America, strengthening its Digital Health and Medical Devices capabilities.