Eficode has acquired Contribyte, expanding its capabilities in Agile transformation and reinforcing its market position as a leading provider of DevOps solutions in Europe.

Target Information

The target of this acquisition is Contribyte, a prominent provider of Agile and product development coaching and training services. Contribyte has established itself as a leader in fostering Agile transformations for software development organizations, boasting a client base of over 300 customers across various sectors, including banking, industrial manufacturing, and business services. In the last financial year, Contribyte reported revenues of 3.8 million euros, demonstrating its significant presence in the market.

This acquisition by Eficode further reinforces the company's strategic positioning in the software development landscape. Eficode, which is already recognized as Europe's leading DevOps company, aims to leverage Contribyte's expertise to enhance its service offerings and facilitate deeper connections with its clients while helping them navigate the complexities of Agile practices.

Industry Overview

The software development industry has experienced rapid growth and diversification as organizations across various sectors seek to integrate technology for competitive advantage. In recen