99x expands global presence with acquisitions in Portugal and Brazil

November 12, 2023 November 12, 2023

99x continues to expand its global presence with two new acquisitions in Portugal and Brazil. The acquisitions of Cleverti – Portugal and LeanOn Systems – Brazil were formally concluded by 99X Investment AS, Norway in October. Cleverti is a nearshore software services provider based in Portugal with over 90 dedicated staff members offering the full breadth of Software Development, DevOps, and QA testing solutions for customers across 14 countries in Europe. Companies from mature markets like the UK, Germany and Scandinavia build and maintain their digital applications with Cleverti. LeanOn Systems Brazil consists of over 60 employees and focuses on mobile and web development, DevOps, and AI/ML, serving the Nordic and US markets.

Mano Sekaram, Founder and CEO of 99x commented, “These acquisitions are part of our global expansion strategy to extend our offerings to clients in Europe and beyond, further tapping into services that often require a nearshore presence to address privacy issues such as GDPR. This also equips us as a company with a local presence across Brazil, Norway, Portugal, Sri Lanka, and Malaysia, providing our customers access to talent across geographies and time zones”.

Commenting on the expansion, Hasith Yaggahavita, Chief Engineering & Innovation Officer of 99x added, “The global expansion also provides opportunities for our staff to work overseas, relocate to gain exposure, and to become global professionals. Over the past year, we were pleased to see several Xians taking on new roles in regions like Norway and Malaysia”.

L to R: Mano Sekaram, Founder & CEO 99x and Hasith Yaggahavita, Chief Engineering and Innovation Officer, 99x

Founded in Sri Lanka, 99x is a global product engineering company co-creating robust, innovative digital products for the Scandinavian market. Its expertise has been proven through a portfolio of over 150 impactful global digital products developed since 2004, together with leading Independent Software Vendors (ISVs). The 99x Group employs over 600 technology and product specialists, who are high achievers, creative thinkers, and team players in Sri Lanka, Brazil, Norway, Portugal, and Malaysia.