Stratulat Albulescu advises US-based ThoughtWorks on the acquisition of Romanian software developer Gemini Solutions
This acquisition will significantly improve ThoughtWorks' ability to support and service clients, especially on the European market. The Gemini team brings a wealth of experience in IoT, Big Data, Artificial Intelligence, data science, mobility, and cloud that will enhance and strengthen ThoughtWorks’ offer.
Gemini Solutions (www.geminisols.com) was founded in 2005 in San Francisco by a core group of Silicon Valley technologists. Having a development center in Romania, Gemini Solutions delivers world-class software product development services. With 170 team members that include software engineers and operations staff working in Bucharest, Cluj and Iasi, Gemini Solutions covers a broad spectrum of technologies across the entire software product development lifecycle. Gemini Solutions is committed to support its clients and partners with a unique blend of creativity, agility, discipline, and technical excellence.
Founded over 25 years ago, ThoughtWorks (www.thoughtworks.com) is a global technology company with 46 offices in 15 countries and more than 7,000+ employees. The company provides software design and delivery, and tools and consulting services. With their roots in custom systems and agile software delivery, the company is at the forefront of defining the tech principles used by some of the world’s most successful organizations.
The global law firm Nixon Peabody LLP was the lead legal adviser to ThoughtWorks on the deal, while Stratulat Albulescu advised on the Romanian related aspects. Stratulat Albulescu's team was led by Managing Partner Silviu Stratulat and Partner Cristina Man, both in the dedicated Tech M&A Group. The SAA team also included Partner Andrei Albulescu and Managing Associate Anca Ulea on Employment matters, Managing Associate George Chiocaru on Data Protection aspects and Associate Madalina Spataru on the IP side.