Filipino software firm acquires US company

Filipino-owned software engineering services company, Exist Global Inc., has recently acquired US-based software firm, DevZuz, a developer of delivery platforms that link enterprise businesses to application development projects and processes.

“The acquisition represents the growing strength of the software industry of the Philippines,” said Exist Global chairman of the board Winston Damarillo.

Exist, which recently established its research and development (R&D) facility in Cebu called Morph Labs, has seen the good supply of highly skilled Filipino software engineers to provide cutting-edge software solutions in the world.

DevZuz is a developer of delivery platforms that link enterprise businesses to application development projects and processes.

Through the acquisition, Exist will gain key DevZuz employees, as well as the company’s technology and products including DevZuz’s advanced software sourcing technology, codeATLAS, and its build automation and standardization platform, Maestro.

These software tools will add to Exist’s capabilities for cost-effective rapid software development centered on its distributed engineering network (DEN) technology. CodeATLAS, currently in public beta, is a code search and project repository technology that connects developers and software components in a social networking model. 

Maestro provides build standardization, dependency management, continuous integration, and comprehensive reporting, based on the Apache Maven, Archiva, and Continuum technologies.

“The DevZuz team’s expertise in development and its innovative technologies complement our services and platform strategies perfectly.  The creation of sophisticated, innovative, and cost-effective software requires skilled developers using cutting-edge development techniques.” said Steve Nathan chief executive officer (CEO), of Exist Global.  – Ehda M. Dagooc