VASS reaches an acquisition agreement with INTELYGENZ, a Spanish company specialized in Artificial Intelligence

VASS has announced the agreement to acquire Intelygenz, a leading Spanish company in technologies in Artificial Intelligence and specialized in automation solutions and services. The acquisition will be confirmed after the corresponding regulatory approval.

Thanks to this agreement, VASS and Intelygenz will offer a key boost in the adoption of strategic technologies such as Artificial Intelligence, contributing to the acceleration of the innovation processes of their clients at a global level.

Founded in 2002 and with offices in Madrid and San Francisco, this Spanish company has a team of more than 170 highly specialized professionals and experts in high-tech. Intelygenz has developed AI-based transformation projects with the main leaders in sectors such as banking, retail, telco and energy, among others, in more than three continents and multiple countries such as the United States, UK and Spain.

“Being able to integrate Intelygenz within VASS demonstrates our commitment and our constant commitment to generating value for our customers” he pointed out Francisco Javier Latasa, CEO and President of VASS. “Adding expert capabilities in Artificial Intelligence technologies represents an opportunity to continue driving them in the field of innovation, thus helping them to stay relevant.”

pepe perez, CEO of Intelygenz, has pointed out that “we are happy to be able to join VASS and its ambitious international growth and innovation plan, within a clear philosophy and shared vocation of customer service. During these 20 years of experience, at Intelygenz we have worked to generate growth and innovation opportunities for our clients, sharing the same vision with VASS. We cannot be more excited about the future as experts in the application and integration of Artificial Intelligence and with the opportunity to be able to do it from VASS”.

“The agreement reached with Intelygenz and its unique ability to enable transformation in technologies as decisive as Artificial Intelligence, increases and reinforces VASS’s leadership capabilities in innovation, which will allow us to continue generating impact on an international scale,” said Dr. Jörg Zirener, Senior Managing Director of One Equity Partners.

With this agreement, Intelygenz will become the eighth acquisition since the strategic plan was launched VASS@400.

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