Grid Dynamics Acquires Mutual Mobile

 

I’m excited to announce that Grid Dynamics has officially acquired Mutual Mobile.

Here is the press release:

SAN RAMON, CA / ACCESSWIRE / December 27, 2022 / Grid Dynamics Holdings, Inc. (NASDAQ: GDYN) (Grid Dynamics), a leader in enterprise-level digital transformation services and solutions, today announced the acquisition of Mutual Mobile, an innovation leader that brings digital experiences to life through an integrated approach to design and technology. With approximately 200 employees across India and North America, Mutual Mobile will play a key role in helping Grid Dynamics diversify its global client base and expand its pool of top engineering talent.

“The acquisition of Mutual Mobile accelerates our strategic expansion into the India engineering market and further strengthens Grid Dynamics’ commitment to global growth. Their technology leadership and deep engineering expertise, especially in mobile technologies and UX, will enhance our ability to mobilize highly skilled teams to support clients in building innovative, end-to-end digital solutions. With this acquisition, we continue to solidify our position as a global technology company,” said Leonard Livschitz, CEO of Grid Dynamics.

“Partnering with Grid Dynamics enables Mutual Mobile to offer clients solutions far beyond emerging technologies. Grid Dynamics’ extensive service offerings provide our customers access to a powerhouse capable of delivering unmatched business results. Most importantly, we are joining a company that shares our belief that incredible employees are essential to driving incredible innovation,” said John Arrow, CEO of Mutual Mobile. Learn more about John Arrow and his work here.

I share the full story of building and selling Mutual Mobile in my Beyond A Million Podcast interview.

Table of Contents

About Mutual Mobile

Headquartered in Austin, TX, Mutual Mobile delivers digital experiences for global brands using an integrated approach to design and technology. They specialize in leveraging emerging technologies to design and develop innovative applications.

Mutual Mobile’s core offerings include:

  • Edge and mobile computing
  • Augmented, virtual, and mixed reality
  • Internet of Things (IoT) and connected devices
  • Conversational interfaces

About Grid Dynamics

Grid Dynamics (Nasdaq: GDYN) is a digital-native technology services provider that accelerates growth and enhances competitive advantage for Fortune 1000 companies.

They offer digital transformation consulting and implementation in areas such as:

Grid Dynamics achieves speed-to-market, quality, and efficiency through technology accelerators, an agile delivery culture, and a global engineering talent pool.

Founded in 2006, Grid Dynamics is headquartered in Silicon Valley and has offices across the US, Mexico, UK, Netherlands, Switzerland, India, and Central and Eastern Europe.

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