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TechMagic 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 solid 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 centre in Kyiv, Ukraine with more than 50 specialists. Over 25+ years of experience have 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.

The acquisition of Dynamo Development will bring 3 key opportunities to our company:

• TechMagic extends its current JavaScript-based technical stack with new expertise in Java, .Net and PHP.
• TechMagic grows 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 in the US market.

About TechMagic:

TechMagic is a JavaScript development company with expertise in AWS and Serverless, founded in 2014. We work mainly with MarTech, Healthcare, FinTech, and HR tech industries, but we are not determined only to them. Our technology stack is based on Node.js, TypeScript, Angular, React, Vue.js, GraphQL, Firebase, and AWS.

Oleg Dats
CEO and Co-founder of TechMagic
hello@techmagic.co
+380 (68) 348 64 20
https://www.techmagic.co/

About Dynamo Development

Founded in New York, Dynamo Development company is a custom software company with a development centre in Kyiv with 50 specialists. Over 25+ years, the company has developed a solid portfolio in FinTech, Healthcare, and Real-Estate based on expertise in Salesforce, open-source stack, IoT, Microsoft Windows platform, .Net, Java, PHP, QA, and C++.

David Grinberg
CTO, Dynamo Development
dgrinberg@dynamo-ny.com
+1 (212) 385-1552
https://dynamo-ny.com/

Media Contact
Company Name: TechMagic
Contact Person: Oleg Dats
Email: Send Email
City: Lviv
Country: Ukraine
Website: https://www.techmagic.co/