The acquisition expands Qualitest’s NextGen capabilities while extending the company’s operations in India
LONDON–(BUSINESS WIRE)–#Hyderabad–Qualitest (https://qualitestgroup.com), the world’s leading AI-powered quality engineering company, announces today the acquisition of ZenQ PvT Ltd. (http://zenq.com/), an India-based software testing company. This acquisition not only extends Qualitest’s strong geographical footprint in India with ZenQ’s facilities in Hyderabad, but also adds to their NextGen capabilities in Phygital, Analytics, Blockchain, and DevOps. Through this acquisition, Qualitest will add ZenQ’s 600+ quality engineers to its ranks, along with an energetic and effective leadership team that will support Qualitest’s growth and deepen its expertise.
Founded in 2003, ZenQ is a leading 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.
“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.”
About Qualitest
Founded in 1997, Qualitest offers a wide range of AI-powered quality engineering solutions, designed to mitigate the business risk associated with digital adoption. Qualitest achieves this by deploying engagement models tailored to the precise quality engineering needs of technology platforms in the financial services, telecom, healthcare, insurance, tech, retail, media, and utilities industries. It has operations in the US, UK, Germany, Romania, Israel, Argentina, Mexico, and Portugal, and serves over 400 blue-chip customers worldwide. Qualitest is majority-owned by international private equity group Bridgepoint, which acquired the company in October 2019 via its €5.7 billion flagship fund BE VI. Learn more at https://qualitestgroup.com/.
About ZenQ
Founded in 2003, in Hyderabad India, ZenQ is a leading provider of software testing services to clients across the globe. ZenQ operates with 600+ engineers working across key Industry verticals including Banking, Healthcare and Retail alongside building significant capability in NextGen technologies such as Blockchain (Crypto), Phygital, Drones, Internet of Things (IoT) and Analytics. For more information visit http://zenq.com/.
Contacts
Qualitest Media Contact
Lauren Perry
SlicedBrand for Qualitest
lauren@slicedbrand.com
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