SoftServe Continues Healthcare IT Initiatives with Acquisition of Amsterdam-based Initium Consulting Group B.V.

AUSTIN, Texas, June 26, 2014 /PRNewswire/ -- SoftServe Inc., a leading global software application development and consulting company, today announced the acquisition of Initium Consulting Group B.V., an Amsterdam-based IT services provider to the global healthcare and private equity industries.

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"The Initium Consulting Group B.V. acquisition enhances our Western European value proposition and is important for SoftServe's market expansion as the Netherlands is a highly dynamic outsourcing market," said Alan Harlan, CEO, SoftServe. "Our goal is to offer the best technology expertise available, and we continue to look for opportunities to improve return on investment for our customers."

The Initium Consulting services complement SoftServe`s portfolio in a variety of areas including business technology strategy and architecture, new product incubation strategies, M&A due-diligence technology platform assessment, secure cloud strategies, data privacy and security services, and data integration services.

About Initium Consulting Group B.V.

Initium Consulting Group B.V. is an Amsterdam-based, pre-eminent boutique service provider of the knowledge expertise to the healthcare and private equity industries. The company`s vision is to bridge today's knowledge economy with healthcare & private equity industry needs. They partner with C-level executives and their senior leadership teams to plan and implement high-impact initiatives that leverage information technology for sustainable success of their organizations in today's global knowledge economy.

About SoftServe Inc.

SoftServe Inc. is a leading global software application development and consulting company. We immerse ourselves in our client's business and relentlessly focus on providing technology solutions that create tangible business value. Our robust competencies include business and technology consulting, software optimization, SaaS/Cloud, Mobile, UI/UX and BI/Analytics for vertical markets such as healthcare, retail and technology. SoftServe developed Abiliton, a set of adaptive best practices and processes for software development optimization comprised of people, processes and technology. Abiliton ensures predictable, repeatable results and faster time to market, positioning businesses for scalable growth. With over 20 years of industry excellence, SoftServe delivers rich user experiences, intuitive products and solutions providing our clients with a strong competitive advantage. Our offices are located in North America, Europe and Russia. For more information please visit www.softserveinc.com.