Asseco SEE (ASEE) Acquired Majority Stake in Advanced Analytics Company – Things Solver to Expand Its Software & Services Portfolio
January 20, 2021
The acquisition confirms ASEE’s strategy to continuously enhance its solutions and offer the most advanced products and services to customers
Pursuing its business expansion strategy, ASEE has joined forces with Serbia-based Things Solver, an advanced analytics company. As a holder of majority of the shares, ASEE together with the new member of ASEE Group will accelerate the development of existing and new products to further expand and enhance the portfolio of software solutions and provide even better service to current and future customers in Europe and worldwide.
“Things Solver’s mission has always been to bring value to businesses through technological innovation and discovering opportunities for growth. It is both our pleasure and acknowledgement that ASEE Group has recognized our five-year successful operations and potential for further growth within the Group. I strongly believe that our joint work on products and services based on advanced analytics and data processing will provide added value for business improvement in many domains, including banking, retail and eCommerce.” said Darko Marjanović, CEO of Things Solver.
Searching for new possibilities, business expansion and synergies for growth acceleration have been among ASEE’s priorities for many years.
Piotr Jelenski ASEE CEO commented: “As a company focused on following and exceeding market trends by broadening our offer of quality solutions through applying modern technologies and innovations, we are very pleased that Things Solver has become part of ASEE Group. With the new member of the Group, we will enable customers to achieve the best business value driven by data in an even better way by applying software solutions that enable deeper data insights, making predictive analysis and generating business recommendations, all of which results in a better understanding of customers, business potential and opportunities for growth.”
With this acquisition and always keeping up with the industry trends and market needs, ASEE firmly continues its operations as a future-proof reliable partner to the clients, through continuous enhancement and expansion of its offer and expertise.
About Things Solver
Things Solver was founded in 2015 by two students and Big Data enthusiasts, Darko Marjanović and Miloš Milovanović. Their Hadoop Serbia blog resulted in the first presentations and the first project for the team, while the blog became an integral part of the Data Science Serbia association, as a contribution to the community. With large companies as clients since the beginning, today Things Solver’s innovative solutions are used in Europe and North America across telecom, retail and banking industries. Within 5 years of business operations, the number of employees has grown exponentially and exceed 20. Things Solver puts a great focus on the community in Serbia through knowledge sharing and participation in activities organized by Data Science Serbia.
About ASEE Group
ASEE is one of the biggest IT companies in the area of production and implementation of its own software solutions and services in the region of South Eastern Europe, Turkey, Spain, Portugal, Andorra, Colombia, Peru, Dominican Republic, Slovakia and Czech Republic. The Company provides ICT solutions for various industry verticals including the financial sector, payment sector, public administration and telecoms. The company provides products and services within Payment business under PAYTEN name. Since October 2009, the shares of ASEE (WSE: ASEECOSEE, ASE) have been listed on the Warsaw Stock Exchange. ASEE Group operates in 23 countries and employs almost 2,900 people. More than 10 banks out of the 15 largest ones in southeastern Europe are already clients of ASEE.
ASEE Group is part of Asseco Group, the largest IT company in Poland and Central and Southeastern Europe. Asseco Group is present in over 55 countries around the world (most of the European countries, Israel, US, Africa, Japan & Canada) with more than 27,000 employees. The company develops both organically and through acquisitions – it has carried out over 80 of them since 2004. Asseco companies are listed on the Warsaw Stock Exchange (WSE), Tel Aviv Stock Exchange and NASDAQ Global Markets.