Qualitest, an AI-powered, engineering-driven software testing and quality assurance company founded in Israel, has acquired ZenQ PvT Ltd., an India-based software testing company. The purchase price was not disclosed. Qualitest will add ZenQ’s more than 600 engineers to its ranks, along with the company’s leadership team.
This acquisition comes just a few months after Qualitest bought out Israeli startup Comply, a quality assurance specialist in pharma and digital health, for $15.5 million.
Founded in 2003, ZenQ is a provider of software testing services in various industries, including healthcare, BFSI, education, and retail. ZenQ’s clients will benefit from Qualitest’s technologically advanced quality engineering solutions, positioning the combined businesses as the preferred digital transformation partner with expansive global resources.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at email@example.com.
Founded in 1997, Qualitest offers a wide range of AI-powered quality engineering and testing solutions, designed to mitigate the business risk associated with software releases. Qualitest achieves this by deploying engagement models tailored to the precise testing needs of technology platforms in the technology, financial services, retail, telecom, healthcare, insurance, aerospace, media, and utilities industries. It has operations in Israel (where it was founded), the US, UK, and Romania, and serves over 250 blue-chip customers worldwide.
Qualitest is majority-owned by international private equity group Bridgepoint, which acquired the company in October 2019.
“Becoming a part of Qualitest means becoming a part of something bigger,” said Murali Bollu, CEO of ZenQ. “Qualitest and ZenQ share a common vision to provide the most advanced and customer-centric quality engineering capabilities available in the world. By joining forces, we will leverage our varied expertise to assure the quality of our clients’ deployments and their overall operational readiness.”
“The acquisition of ZenQ represents yet another milestone in our journey to become the world’s preferred Quality Engineering firm,” said Anbu Muppidathi, Qualitest CEO. “ZenQ has cultivated excellent relationships with its clients and nurtured a strong innovation culture. I look forward to us working as one team, serving our clients together, and being able to offer innovative solutions to accelerate digital transformation.”