Endava, a London-based pure play next-gen technology company, has announced the acquisition of DEK Corporation Pty Ltd, DEK Technologies Sweden AB, and DEK Vietnam Company Ltd (collectively known as DEK), a multinational group specializing in cutting-edge software and hardware solutions.
The financial terms of the deal were not disclosed.
DEK’s expertise spans various sectors, including embedded systems, real-time solutions, telecoms, and data communications.
Founded in 1999, DEK boasts 660 operational employees and is headquartered in Melbourne, Australia, with additional offices in Ho Chi Minh, Vietnam, and Stockholm, Sweden.
The company has a strong presence in the telecommunications industry and counts one of the world’s largest networking and telecommunication equipment and services companies among its longstanding clients. Other notable clients include Australia’s largest telecommunications company and a publicly listed artificial intelligence technology firm.
Drini Mulla — DEK CEO and co-founder said: “Since our first contact with Endava, we have been impressed by their culture, quality and energy and we wanted to bring our businesses together. We are delighted to do so now.
“This is a positive move, as we now gain access to a broader array of skillsets, not to mention our people and businesses with the now accelerated growth potential.”
Endava’s acquisition of DEK aligns with its strategy of diversification through mergers and acquisitions, further bolstering its operations in Australia. In the past fiscal year alone, Endava successfully completed three acquisitions of Australian-headquartered businesses, including Lexicon in October 2022 and Mudbath in May 2023.
This acquisition not only expands Endava’s reach in the Asia Pacific region, enhancing its offerings to clients, employees, and local communities, but also strengthens its presence and customer base in Sweden.
Additionally, Endava recognizes the delivery capabilities of DEK in Vietnam as a potential cornerstone for one of its major delivery locations in the future, supporting the company’s ongoing growth.
With the acquisition of DEK, Endava continues to demonstrate its commitment to strategic expansion and diversification, reinforcing its position as a leading technology company and enabling it to provide even more comprehensive solutions to its global client base.
John Cotterell — Endava CEO said: “DEK brings with it great talent, with particular expertise in the globally innovative domains of telecoms and embedded tech. We’re excited by the opportunity to cross sell our capabilities to each other’s clients.
“We look forward to forging strong relationships with the new customers this merger is bringing to the Endava family.”
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