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Ness Technologies, Inc., a global provider of IT services and solutions, announced today that it has completed the acquisition of Logos a.s., a privately-held, Czech-based leading IT services and consulting company, according to the terms of the previously announced share purchase agreement.

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Asseco Slovakia, leading Slovak system integrator and supplier of IT solutions, successfully finished the project of StarBUILD system implementation and data migration from German system ZEBUS and ABIT for Modra pyramida stavebni sporitelna, a.s (hereinafter “MPSS”) in August 2008.

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Small and medium businesses (SMBs, or companies with up to 999 employees) in Russia and Poland are on track to spend about US$10 billion on ICT (IT and telecom) in 2008, up some 15% over 2007.

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SoftServe, Inc. was recognized by Microsoft Corp as Mobility Solutions Partner of the Year in Central and Eastern Europe for innovative use of Microsoft technologies to exceed customer expectations and solve business problems.

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One of the services of great demand enjoying considerable popularity in CEE software development outsourcing market is Nearshore Dedicated Center (NDC) engagement model.

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Romania’s IT market is in a state of rapid development as a result of the stimulus of EU membership and a large influx of EU funds. Indeed the market is currently one of the fastest growing in Europe.

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BMI expects the Czech IT market to grow at a rate well above that of the economy as a whole, and projects a CAGR of 9% for the 2008-2012 forecast period.

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Following stronger than expected growth in 2007, the Polish IT market is expected to be among the region’s fastest growing IT markets over the next few years.

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The IT service provider market is experiencing significant changes. Until now, the market was characterized by two types of service providers: management consultants and systems integrators.

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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.

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