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Trifork acquires Swiss IT firm Vilea to fortify its presence in Europe

Author : Pankaj Singh | Published Date : 2021-05-04 

Trifork Holding AG, a company that specializes in providing advanced IT and business services, has reportedly acquired Swiss-based IT firm Vilea. The move will allow Trifork to expand its service reach in Switzerland and reinforce its presence in Europe.

Founded in 2009, Vilea has emerged as a prominent entity in offering customized mobile enterprise applications. It has developed a solid track record in providing business-critical applications to some popular companies. The IT firm currently has around 11 employees in Vienna and Zürich.

Vilea is known to deliver business value using a customer-centric approach while developing high-performing web and mobile solutions which are tailor-made according to the enterprises. The team has a successful track record of long-lasting partnerships with various international Swiss organizations.

Trifork CEO Jørn Larsen stated that the company is recognized for its value-creating acquisitions. He added that the group is looking forward to working with Vilea to acquire a major foothold in the smart enterprise business segment.

Meanwhile, Fabio Vena, CEO at Vilea mentioned that the acquisition will provide the team access to international clients as well as various resources which will in turn aid in offering better services.

By combining Vilea’s expertise with Trifork’s renowned ecosystem of technological competencies, the acquisition is an ideal starting point for the duo to strengthen their mark in the Swiss market, cited sources with relevant information.

Additionally, Vilea’s deep understanding of enterprise solutions will also allow Trifork to expand its service reach to large blue-chip clients in Switzerland.

About Trifork Group

Trifork is an international IT group that focuses on developing advanced software solutions. The company is headquartered in Switzerland itself and has several offices in over 11 countries in North America as well as Europe.

Founded in 1996 in Denmark, Trifork focuses on three major business verticals including FinTech, Digital Health, and Smart Buildings.

Source Credits –

https://www.globenewswire.com/news-release/2021/05/03/2221050/0/en/Trifork-acquires-Swiss-IT-firm-Vilea-to-expand-market-position-in-Switzerland.html

About Author

Pankaj Singh

Pankaj Singh

Endowed with a post graduate degree in management and finance, Pankaj Singh has been a part of the online content domain for quite a while. Having worked previously as a U.K. insurance underwriter for two years, he now writes articles for fractovia.org and other online portals. He can be contacted at- [email protected] | https://twitter.com/PankajSingh2605

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