6.22.18
Tricentis and QASymphony announced their agreement to merge under the name of Tricentis. Tricentis’ market-leading Continuous Testing platform has earned the company unanimous “leader” recognition among the top industry analysts. QASymphony is recognized as the industry’s leading test management solution. The combined solution represents the most modern platform for transforming software testing to keep pace with digital transformation.
“Tricentis and QASymphony are both recognized for their innovative testing solutions,” explained Sandeep Johri, CEO of Tricentis. “Tricentis is known for helping enterprises transform testing from a burdensome manual process that delays software delivery into an automated, continuous process that drives ‘quality at speed.’ The addition of QASymphony’s test management solution strengthens our leadership position and builds on our momentum replacing legacy testing tools.”
“Today’s CIOs are responsible for ramping up innovation through accelerated software delivery,” explained Barry Libenson, Global Chief Information Officer at Experian. “Amid this demand for rapid innovation, CIOs are recognizing that software testing often delays their digital transformation goals. In fact, testing is now commonly cited as the #1 bottleneck to delivery speed. When testing lags behind development, the organization is forced to delay their innovation and that’s no longer an option. It’s inevitable that software testing must be transformed to keep pace with Agile development and DevOps.”
“Global 2000 organizations remain locked into legacy testing platforms that were designed decades ago to enable manual testing processes,” explained Dave Keil, CEO of QASymphony. “Scaled agile and enterprise DevOps initiatives have changed the game. Yet, legacy testing technologies such as those by HPE (now Micro Focus) and CA are throttling speed and innovation. QASymphony has experienced triple-digit growth over the past year—allowing us to aggressively invest in our technology, infrastructure and people to meet the emerging needs of our customers.”
QASymphony’s 100+ employees will be joining Tricentis’ 450+ employees. Sandeep Johri will lead the organization as CEO and Dave Keil will assume the role of COO. The combined company will have a global presence with offices in the US, EMEA and Asia. The transaction is expected to close within 90 days.
