froglogic GmbH acquired by The Qt Company
HELSINKI, FINLAND and LONDON, UNITED KINGDOM – 13 April 2021. froglogic GmbH, a major provider of quality assurance tools, has announced it is being acquired by leading global software company The Qt Company.
The acquisition will bring froglogic’s market-leading test automation tools into the Qt product portfolio to offer a complete, streamlined package for customers, extending the offering to encompass the entire software development process from design, development and deployment and now quality assurance.
Hampleton’s software practice advised froglogic. Axel Brill, M&A advisor and Sector Principal at Hampleton Partners, said: “We are delighted to see our client reach this key milestone in their company’s development. It was a privilege to work with the froglogic team and we wish the entire team continued success as they become a part of the larger Qt family.”
Miro Parizek, Principal Partner and Founder at Hampleton, said: “The Nordic region continues to be one of the most successful hotbeds for technology innovations globally, and the acquisition of froglogic by Swedish-based The Qt Company is another example of a great technology company coming from the region.”
The engagement was led by Axel Brill and supported by Tim Stemkens.
froglogic GmbH is a global leader in the software test automation market, providing state-of-the-art solutions to enhance software quality in any industry context. froglogic offers cutting-edge tooling to support GUI test automation, code coverage analysis and test result management, enabling customers to assess and steer their Quality Assurance efforts across an application’s lifecycle. With products transforming the DevOps process and enabling users to develop and ship high-quality code, froglogic was recognised in the 2018 and 2019 Gartner Magic Quadrant for Software Test Automation. To learn more, visit https://www.froglogic.com.
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