TechMagic – one of the leading companies in JavaScript development — is happy to announce that it has acquired the Dynamo Development company and is integrating it into its ecosystem.
“Integration with Dynamo allows us to increase our presence in the American market. In addition, we have similar engineering cultures and values, and together we will be able to get more opportunities for further development. The integration process will be gradual and should be completed in early 2023,” says Oleg Dats, CEO at TechMagic.
Having a strong presence in Europe, TechMagic has been looking for new opportunities for scaling and growth. After thorough research, we found a company with the same values and an engineering approach. Dynamo Development is a company founded in New York with the main development center in Kyiv with more than 50 specialists. Over 25+ years of experience has led this company to a solid portfolio in FinTech, HealthCare, and Real-Estate, and ensure good expertise in Salesforce, .Net, Java, PHP, QA, and C++.
By acquiring Dynamo Development, TechMagic will scale its presence in the US market. With the support of Dynamo’s CTO, David Grinberg, who lives in the US, we will enhance the acquisition of customers in the USA.
Acquiring Dynamo Development will bring 3 key changes to our company:
- TechMagic extends its current JavaScript-based technical stack with new expertise in Java, .Net and PHP.
- TechMagic growth to 300 specialists. The Salesforce team from Dynamo will join forces with our subsidiary company, MagicFuse.
- The acquisition of Dynamo Development will significantly accelerate the growth of TechMagic on the US market.
By becoming one unit, we can create more modern, scalable, and relevant solutions for our customers and take on more Web and Salesforce projects.
About TechMagic: