SoftServe, Inc. has just announced the acquisition of business intelligence services and ETL specialist Alvion Ukraine, a transaction that adds significant technical expertise and new market opportunities to the leading multinational software development and consulting company leveraging the superior technology education and human resources of Ukraine.

Acquiring this extremely attractive asset, SoftServe aims to add to its resource pool the top-notch talent and experience in the areas of web development and online analytical processing that would help in servicing the global customers more efficiently. With ongoing commitment to delivering the highest level of development outsourcing, SoftServe takes this important step in order to strengthen its staffing capabilities and broaden the technical expertise and also to expand its development base to southern part of Ukraine.

According to the company’s top management, this acquisition will allow SoftServe to increase the rate of growth. “The reason behind the deal is SoftServe’s goal to expand its service offering for clients, and to gain excellent expertise in ETL technology and on-line customer support,” says Taras Vervega, SoftServe’s EVP, Business Development. “We are confident that this move within our growth strategy will serve to provide greater business value for our clients, and pay off in the nearest future.”

Soon after acquisition, Sevastopol-based Alvion will be integrated into the structure of SoftServe’s distributed development organization in Ukraine. Also, the service offerings will be incorporated into SoftServe’s robust portfolio, allowing the existing Alvion’s clients to benefit from client partnerships that the leading outsourcing organization has established through the years together with improved processes and best project management practices.

In 2008 SoftServe has been recognized by Global Services 100 among the top 10 elite offshore outsourcing vendors based on leadership, innovation, and outstanding performance. Microsoft has recently announced SoftServe 2008 Central and Eastern European Partner of the Year (Mobility Solutions).