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Thursday 25 April, 2024
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Oiga Technologies is Acquired by 10Pearls

BY Shahzad Saeed May 17, 2023. 08:05 pm UPDATED: May 17, 2023. 08:05 pm

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A prominent provider of digital transformation services, 10Pearls, has acquired Oiga Technologies, a high-tech firm based in Colombia that develops products with an emphasis on artificial intelligence, machine learning, big data, and blockchain. By strengthening its capabilities in developing new products and emerging technologies, 10Pearls will be better able to offer its clients creative solutions across a variety of industry verticals.

Oiga Technologies is a global software development company that combines cutting-edge technologies with data to deliver tailored solutions. It was founded in 2017 by renowned data scientist and inventor Michael Puscar. The 120 data scientists, software developers, and inventors from Oiga will join the product development team at 10Pearls. While Bob Reisenweber, the current CEO of Oiga Technologies, will take on the position of Managing Director, LATAM within 10Pearls, Puscar will play a crucial role as a strategic advisor.

Imran Aftab, CEO of 10Pearls says, “At 10Pearls, we are thrilled to have Oiga Technologies join our team. We all have the same vision of using cutting-edge software technologies to change the economics of innovation and make our clients more competitive around the world. Above all, the values of both businesses are those of making a difference in the world and having a positive impact.”

“Our customers are constantly looking for technologically advanced solutions, and we believe that 10Pearls’ global engineering scale will provide the technological breadth and capacity to execute in an agile manner to meet their constantly changing needs.” Oiga Technologies’ founder, Michael Puscar, said “This brings together two digitally innovative companies leveraging emerging technology to deliver end-to-end services for digital transformation and software engineering at scale.”

In 2023, this will be 10Pearls’ third international acquisition as it expands its expertise in cutting-edge technologies. With 400 employees in Latin America, this acquisition increases 10Pearls’ headcount to more than 1,600 contributors.

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