VASS signs an agreement to acquire INTELYGENZ, a Spanish company specialized in Artificial intelligence

VASS Group announces it has reached an agreement to acquire the Spanish deep-tech company headquartered in San Francisco.

Intelygenz, a key company in the Artificial Intelligence-based ecosystem, is a leader in big data and process automation.

MADRID; October 27th 2022 – VASS, a leader in digital solutions, has announced it has reached an agreement to acquire Intelygenz, a reference Spanish company in Artificial Intelligence technologies, specialized in automation solutions and services. The acquisition will be confirmed as soon as the corresponding Regulatory approval is obtained.
Thanks to this agreement, VASS and INTELYGENZ will foster the adoption of strategic technologies, levering Artificial Intelligence, thus greatly contributing to the acceleration of the innovation processes of our clients globally.

Founded in 2002 and with headquarters in Madrid and San Francisco, Intelygenz has a team of more than 170 highly specialized professionals and experts in high-tech. The company has developed transformation projects based on AI with the main leaders in sectors such as banking, retail, telco and energy, in more than three continents, in countries such as the United State of America, the UK, and Spain amongst others.

“To have the opportunity to integrate Intelygenz in VASS proves our commitment and our constant determination to create value for our clients” says Francisco Javier Latasa, Vass´ CEO and President. “Putting together expert capabilities in Artificial Intelligence technologies represents a great opportunity to help our clients pushing innovation and thus making them remaining relevant in their respective industries.”

Pepe Pérez, Intelygenz´ CEO commented “We are very happy to join VASS and its ambitious international growth and innovation plan, with a clear and shared customer-orientated focus. In our 20 year journey at Intelygenz, we have strived to create growth and innovation opportunities for our clients, a vision we share with VASS. We cannot be more excited about our future within VASS as experts the in application and integration of Artificial Intelligence.”

“This agreement we have reached with Intelygenz and its unique capability to enable transformation in technologies as key as Artificial Intelligence, further completes and strengthens the leadership and innovation leadership of VASS, which will allow us to continue having impact at international scale” has said Dr. Jörg Zirener, Senior Managing Director of One Equity Partners.

With this agreement, Intelygenz, will become the eight acquisition since the international and growth plan VASS@400 was launched.

About VASS Group
We are a leading digital solutions company present in 25 countries in Europe, the Americas and Asia, with more than 4,300 professionals.

We help large companies in their digital transformation process, developing and executing the most innovative and scalable projects, from strategy to operations.

We are fully committed to society. In 2019 the VASS Foundation was created to promote research, foster tech talent, and enable the digital society. We allocate 2% of our profits and 1% of the entire team’s time to community initiatives.

All our growth comes from our talented people, passion for innovation, and a constant search for improvement, always the VASS way: “Complex made simple”.

Contact: pr@vasscompany.com | www.vasscompany.com

Related Articles you might like

Bridging the gap: From AI concepts to production success

In recent years, the conversation around artificial intelligence (AI) has shifted from theoretical possibilities to tangible realities. As businesses strive […]

View Blog Post

Unpacking Deep Tech & AI Solutions at Finovate Spring

Finovate Spring is here from 21 to 23 May 2024. A conference to showcase cutting-edge banking and financial technology. This […]

View Blog Post

Finovate Spring: Hear from Intelygenz President USA

It’s that time of year again where the Finovate conference is taking place, showcasing cutting-edge banking and financial technology through […]

View Blog Post