Snapshot from Jul 31, 2026 at 07:00 UTC. For live data and tracking: View Live
Events / Business / SoftServe acquires NewVision Software
Business acquisition

SoftServe acquires NewVision Software

Analysis based on 6 articles · First reported Jul 14, 2026 · Last updated Jul 14, 2026

Sentiment
10
Attention
2
Articles
6
Market Impact
General
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Market Impact

The acquisition is expected to enhance SoftServe's global delivery capabilities and competitive position in the IT services market. While the deal is relatively small and terms undisclosed, it signals SoftServe's strategic expansion into India and may lead to modest revenue synergies.

IT services technology consulting
Event Summary

On July 14, 2026, SoftServe, an AI and technology services company, announced its acquisition of Foundation Software, an India-based technology services firm specializing in agentic assurance, product engineering, and intelligent managed services. The acquisition strengthens SoftServe's ability to support clients across complex transformation initiatives globally, particularly those with Global Capability Centers in India. Financial terms were not disclosed. NewVision will operate as a wholly owned SoftServe company under its current name and brand, with CEO Kapil Godani, COO Mohan Ramaswamy, and the leadership team continuing to lead the organization. SoftServe employs over 10,000 people across 15 countries.

Key Actions
100 SoftServe acquired Foundation Software
Entities Involved
priv
SoftServe
SoftServe is the acquirer, strengthening its global capabilities and delivery network, particularly in India.
Importance 100.0 Sentiment 30.0
priv
Foundation Software
NewVision is acquired, gaining access to SoftServe's resources and client base while continuing operations under its own brand.
Importance 90.0 Sentiment 40.0
cnt
India
India is the location of NewVision's operations and a key market for SoftServe's expansion.
Importance 50.0 Sentiment 10.0
per
Harry Propper
Harry Propper, CEO of SoftServe, announced the acquisition and highlighted its strategic importance.
Importance 40.0 Sentiment 10.0
per
Kapil Godani
Kapil Godani, CEO of NewVision, will continue leading the organization post-acquisition.
Importance 30.0 Sentiment 10.0
per
Mohan Ramaswamy
Mohan Ramaswamy, COO of NewVision, will continue in his role after the acquisition.
Importance 20.0 Sentiment 5.0
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