About Softtek
Softtek is a company based in Monterrey (Mexico) founded in 1982 was acquired by Affiliated Computer Services in October 2006. The company has 650 employees as of April 07, 2024. Softtek has completed 4 acquisitions, including Grupo Itarvi, Itarvi Consulting and Systech Services. Softtek operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Monterrey, Mexico
- Employees 650 as on 07 Apr, 2024
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Sectors
Business ServicesTechnology
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Softtek India Private Limited
- Date of Incorporation 08 Apr, 2004
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$13.31 M (USD)29.56as on Mar 31, 2023
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Net Profit
$1.47 M (USD)54.55as on Mar 31, 2023
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EBITDA
$1.73 M (USD)25.14as on Mar 31, 2023
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Latest Funding Round
Not available
- Investors
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Employee Count
650
as on Apr 07, 2024
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Investments & Acquisitions
Grupo Itarvi
& 3 more
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Acquired by
Affiliated Computer Services
(Oct 02, 2006)
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People of Softtek
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Software Development Team
98 people
Sales and Marketing
39 people
Leadership Team
39 people
Human Resources and Administration
33 people
Business Team
16 people
Data Analysis and Operations Team
14 people
Delivery Team
14 people
Finance and Accounting
10 people
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Funding Insights of Softtek
Detailed funding history for Softtek
Round names, dates, amounts, investors, and valuation history require an active premium plan.
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Investors in Softtek
Softtek has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Affiliated Computer Services.
| Investor | Description | Founded Year | Domain | Location |
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IT and BPO services are delivered to diverse industries.
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Investor details for Softtek
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Investments & Acquisitions by Softtek
Softtek has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Grupo Itarvi, Itarvi Consulting and Systech Services.
Investment portfolio details for Softtek
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Advisory services for information technology are provided.
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Locked | Locked | 2008 | Locked | |
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Software development services are provided by Vector ITC.
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A suite of IT services is provided by Systech Services.
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Locked | Locked | 1998 | Locked |
Complete acquisition details for Softtek
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Financial Statements - Softtek
Detailed financials for Softtek
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Softtek Comparisons
Peer comparison for Softtek
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Competitors of Softtek
Softtek operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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IT outsourcing services are delivered across multiple business lines.
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IT and management consultancy services are provided globally.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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Detailed competitors of Softtek
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Latest news on Softtek
Complete news archive for Softtek
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Frequently Asked Questions about Softtek
Softtek was founded in 1982.
Softtek is headquartered in Monterrey, Mexico. It is registered at Monterrey, Nuevo Leon, Mexico.
As of Apr 07, 2024, the latest employee count at Softtek is 650.
Annual revenue of Softtek is $13.31M as on Mar 31, 2023.
Softtek was founded in 1982 in Monterrey, Mexico, as an IT services and business process outsourcing provider. Operations focus on application development, management, and modernization, along with DevOps, ERP management, and information management. Additional services encompass testing, application security management, and GRC operations. The company serves clients across various sectors from its base in Latin America.
Softtek's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
Softtek has made 4 acquisitions, including Grupo Itarvi, Itarvi Consulting, and Systech Services.
Softtek has 1 investor. Key investors include Affiliated Computer Services.