VASS signs an agreement to acquire INTELYGENZ, a Spanish company specialized in Artificial intelligence
28 Oct 2022
VASS, a leader in digital solutions, has announced it has reached an agreement to acquire Intelygenz, a reference Spanish company in Artificial Intelligence technologies, specialized in automation solutions and services. The acquisition will be confirmed as soon as the corresponding Regulatory approval is obtained.
Thanks to this agreement, VASS and INTELYGENZ will foster the adoption of strategic technologies, levering Artificial Intelligence, thus greatly contributing to the acceleration of the innovation processes of our clients globally.
Founded in 2022 and with headquarters in Madrid and San Francisco, Intelygenz has a team of more than 170 highly specialized professionals and experts in high-tech. The company has developed transformation projects based on AI with the main leaders in sectors such as banking, retail, telco and energy, in more than three continents, in countries such as the United State of America, the UK, and Spain amongst others.
“To have the opportunity to integrate Intelygenz in VASS proves our commitment and our constant determination to create value for our clients” says Francisco Javier Latasa, Vass´ CEO and President. “Putting together expert capabilities in Artificial Intelligence technologies represents a great opportunity to help our clients pushing innovation and thus making them remaining relevant in their respective industries.”
Pepe Pérez, Intelygenz´ CEO commented “We are very happy to join VASS and its ambitious international growth and innovation plan, with a clear and shared customer-orientated focus. In our 20 year journey at Intelygenz, we have strived to create growth and innovation opportunities for our clients, a vision we share with VASS. We cannot be more excited about our future within VASS as experts the in application and integration of Artificial Intelligence.”
“This agreement we have reached with Intelygenz and its unique capability to enable transformation in technologies as key as Artificial Intelligence, further completes and strengthens the leadership and innovation leadership of VASS, which will allow us to continue having impact at international scale” has said Dr. Jörg Zirener, Senior Managing Director of One Equity Partners.
With this agreement, Intelygenz, will become the eight acquisition since the international and growth plan VASS@400 was launched.