Singapore and San Francisco-based software development and design consulting firm Neo has been acquired by Pivotal, a US-born cloud software firm that counts Philips, Telstra, and Hulu among its customers. The acquisition was announced last night on Pivotal's blog. The terms of the deal are undisclosed.
According to an update on Neo's website, the company will shut down and become part of Pivotal's team, including Singapore's squad. Echoing yesterday's acquisition of work chat app maker Pie and its absorption into Google's Singapore-based engineering team, this seems to further validate Singaporean tech talent with outside companies looking to establish a presence here.
Neo started out in 2012 in San Francisco and had additional offices in New York and in Singapore. Its Singapore-based engineering team includes Michael Cheng, a prominent figure in the country's software development community, who goes on to join Pivotal's stable.
It was founded by former Pivotal VP of Technology Ian McFarland, so the acquisition is a homecoming of sorts for the smaller development company. It has worked with clients like Adobe, eBay, and Time.
"Acquisition is an obvious tactic to expand our reach, but only if the company really understands the importance of our opinionated approach to agile," Drew McManus, Pivotal vice president, says in a statement. "Neo is undoubtedly one of those companies."
This is Pivotal's third acquisition in as many months, having previously snapped up UK cloud startup CloudCredo and American user experience (UX) design firm Slice of Lime.
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