Irish-founded NearForm has acquired US design and engineering company Formidable as it seeks to expand its global software services.
“Bringing NearForm and Formidable together felt like a natural fit from the start. We share a common heritage in the craft of design and engineering and a firm belief in the power of code to be a force for good and deliver enduring positive outcomes for our people, our clients and our communities,” said Ciarán Cosgrave, Nearform chief executive.
The acquisition builds on the momentum NearForm has picked up following investment from Columbia Capital in 2020. The company has also made a couple of significant hires, including former McKinsey digital partner Satty Bhens, who joined the NearForm executive board last year, and former Walmart executive Koby Avital as a strategic advisor in May.