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M&A in IT
March 2019
In March, 245 M&A deals were announced in the IT segment globally, 7% of which took place in the Central and Eastern European region. In particular, seriesOne, the US-based FinTech company and a leading global digital security fundraising platform, announced the acquisition of Dynamo Development, a custom software development company with a mature engineering team based in Ukraine. The acquisition allows seriesOne to expand and strengthen its in-house technology development capabilities, accelerate the delivery of solutions for issuers, and react to market demand with the support of additional 40 engineers.