Endava purchases 660-strong Australian tech company DEK
Technology services company Endava has added a next chapter to its rapid buy-and-build entry into the Australian market with the acquisition of DEK Technologies.
Headquartered in Melbourne, with additional offices in Ho Chi Minh (Vietnam) and Stockholm (Sweden), DEK Technologies is a firm that develops software and hardware solutions across a range of applications, including embedded systems, real-time solutions, telecoms and data communications. The company is particularly active in the telecoms space, with Telstra its flagship client in Australia.
The deal adds 660 staff to Endava’s headcount, and comes hot on the heels of the local purchases of Lexicon in October 2022 and Mudbath in May 2023.
“DEK Technologies brings with it great talent, with particular expertise in the globally innovative domains of telecoms and embedded technology,” said John Cotterell, CEO at Endava.
“The acquisition not only further increase Endava’s reach in the Asia Pacific region, improving its offering to clients, people and local communities alike and adding a strong telecommunications capability, but also grows our presence and customer base in Sweden.”
In Vietnam, Endava aims to build out the existing operation into one of the company’s larger delivery locations for clients across the world. According to recent analysis by Kearney, Vietnam has in recent years grown into one of Asia Pacific’s most attractive markets for tech talent outsourcing.
Headquartered in the UK, Endava has over 12,000 staff in Europe, North America, Middle East, and Asia Pacific. The firm first launched in Australia in the summer of 2021. “We see Australia as a growing and attractive market with strong demand for high-quality technology product creation,” said Cotterell.
Drini Mulla, CEO and co-founder of DEK Technologies, commented “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.”