12 April, 2019 – Vector ITC, a Spanish technology and digital group dedicated to the constant improvement of technological solutions, has announced the entry in its shareholding of the Mexican service provider Softtek,a company dedicated to promoting the evolution of organizations through digital technology. This strategic alliance, which gives impetus to Vector ITC’s international consolidation and expansion process, will enable the generation of business synergies to continue its operational expansion in North America, Latin America and Europe. Vector ITC and Softtek, which has acquired the 10% shareholding of the company, consolidate through this operation a strategic alliance to generate business synergies and strengthen its position worldwide.
“This strategic alliance benefits the customers of both companies. Softtek customers in Europe will be able to benefit from greater capacity and depth in the application knowledge, having at their disposal all the talent of Vector ITC. In addition, our customers will have access to a wider portfolio of services for digital transformation, as well as Softtek’s Global Nearshore services delivery model, as well as being able to access Softtek’s solutions and talent network in the Americas Latina,” says Carlos Delgado, CEO of Vector ITC. “It will be a mutual learning that will certainly make us stronger, we will share our knowledge and extensive trajectory serving large customers”, adds Delgado.
“We found Vector the perfect ally to accelerate the development of our digital capabilities,” said Blanca Treviño, President and CEO of Softtek. “They have the perfect combination of understanding of our customers’ business context, technological knowledge, and geographic presence. We are excited about the value that together we can quickly bring to the customers of both companies.”
Given the extensive business and sectoral knowledge of both companies, the objective of the agreement will be to jointly develop digital products and innovative solutions that help reinvent the value chain of companies in a disruptive way, based on the opportunities offered by the new digital environment:
Through this strategic agreement, Softtek will have access to Vector ITC’s portfolio of services and talent network, which has more than 2,500 professionals, seven offices in Spain and an international presence in Peru, Brazil, Chile, Mexico, Colombia, the United States, Paraguay, the United Kingdom and Germany. Softtek, creator and leader of the near-shore industry and global provider of IT process-oriented services, has 30 offices in North America, Latin America, Europe and Asia with more than 12,000 employees.Karen Liedl