LegaLogic advised Tricentis on India leg of its acquisition of Neotys
LegaLogic Consulting advised Tricentis (https://www.tricentis.com/) on the India leg of the transaction in acquisition of Neotys (https://www.neotys.com/). This strategic acquisition further expands Tricentis’ continuous testing platform with best-in-class performance testing capabilities.
Tricentis is the global leader in enterprise continuous testing, widely credited for reinventing software testing for DevOps, cloud, and enterprise applications. The Tricentis AI-based, continuous testing platform provides a new and fundamentally different way to perform software testing. An approach that’s totally automated, fully codeless, and intelligently driven by AI. It addresses both agile development and complex enterprise apps, enabling enterprises to accelerate their digital transformation by dramatically increasing software release speed, reducing costs, and improving software quality. Tricentis has been widely recognized as the leader by all major industry analysts, including being named the leader in Gartner’s Magic Quadrant five years in a row. Tricentis has more than 1,800 customers, including the largest brands in the world, such as McKesson, Accenture, Nationwide Insurance, Allianz, Telstra, Moët Hennessy-Louis Vuitton (LVMH PCIS), and Vodafone.
LegaLogic (www.LegaLogic.co.in) was the sole legal counsel for Tricentis and advised on due diligence, review and finalization of deal documentation and closing assistance on the India side.
Commenting on the role of LegaLogic, Nathalie Huetter, Group General Counsel, Tricentis, said, “I want express my thanks to the LegaLogic team for all the hard work and support to Tricentis in getting the Neotys deal close. It’s a pleasure to work with such a talented and dedicated group”.
03 May 2021