The British HeleCloud Acquires the Bulgarian Cloud Software Engineering Company DataStork

Published by Georgi Brezin at 17.07.2020

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HeleCloud, a British technology consultant in the Amazon Web Services (AWS) platform, announced the acquisition of 100 percent of the Sofia-based cloud software engineering company DataStork. DataStork will continue to operate under its name as a wholly owned subsidiary of HeleCloud.

Through its experience with large cloud systems, the Internet of Things (IoT) and large data for international customers such as Bosch and Uber, DataStork is in a perfect position to expand HeleCloud’s portfolio of high value-added cloud software services, founder and executive director of the Bulgarian company Doychin Yordanov sais in the official statement.

The Sofia-based DataStork was founded in 2016 and specializes in a wide range of technologies such as Microservices, IoT, Serverless, DevOps, BigData and others. The company currently employs over 20 software engineers.

The value of the deal remains undisclosed, but it is supported by BGF, an active investor in the UK and Ireland. Last year, the London fund supported HeleCloud for another acquisition – the Dutch OlinData, which specializes in open source infrastructure. The acquisition of DataStork is part of HeleCloud’s ambition to become a leading partner for public cloud services in Europe, the company says in its statement.

Since the beginning of 2017, HeleCloud is an authorized partner of Amazon Web Services and an official distributor of Amazon Web Services for Bulgaria through its company HeleCloud Bulgaria. The company is registered and based in London, among its co-founders are three Bulgarians

In addition to London, the company has offices in Hague and in Sofia. The Sofia-based team is the biggest one at this stage. In the summer of 2019, HeleCloud Bulgaria moved to a new larger office. The company has a strategic partnership with the Faculty of Mathematics and Informatics at Sofia University for a specialized course focused on the AWS Cloud platform and some of the latest technologies in the industry.