Software Mind has announced the acquisition of the Warsaw-based software house Core3, a company specializing in data engineering services for the finance, telecommunications, and media sectors, as well as dedicated solutions for the courier services market. Since 2021, Software Mind’s acquisition strategy has enabled the company to acquire seven firms across three continents, driving geographic expansion and significantly broadening its service offerings.
Strengthening Teams and Expanding Expertise
Software Mind will conclude 2024 as it began—with another successful acquisition. The addition of Core3 brings approximately 100 specialists to Software Mind’s team, bolstering its ability to support clients in insurance, finance, media, logistics, telecommunications, and retail sectors.
For over a decade, Core3 has delivered advanced solutions to market leaders such as T-Mobile, DPD, GoodSpeed, and TVN (part of Warner Bros. Discovery), one of Poland’s largest television networks and media groups. Within the logistics industry, Core3 has developed comprehensive end-to-end solutions that optimize processes, including “out-of-home” and last-mile operations. These innovations enable logistics companies to reduce costs and unlock new business opportunities through cutting-edge technologies.
Driving Innovation in Data Engineering
A key factor behind Software Mind’s decision to acquire Core3 is the latter’s achievements in deploying data processing and analytics platforms. As a seasoned technology partner of Snowflake and IBM, Core3 brings specialized expertise in developing and maintaining modern data platforms. Combining consulting services in data analytics with capabilities in data modeling, architecture, and reporting tools, Core3 will significantly enhance Software Mind’s already robust data engineering portfolio.
Grzegorz Młynarczyk, CEO of Software Mind, expressed confidence in the synergies the acquisition will create.
“In the organizational culture of both Software Mind and Core3, we highly value a partnership approach, creativity, and credibility. I’m thrilled to welcome talented data science experts, architects, and data engineers to our interdisciplinary team. This integration enriches our offerings across all verticals. We are particularly excited about Core3’s experience in the logistics and media sectors.”
A Collaborative Future
Piotr Markiewicz, CEO of Core3, echoed Młynarczyk’s sentiments:
“Joining Software Mind—an organization with a comprehensive service portfolio, global resources, and domain knowledge—opens new opportunities for our experts. We are excited that our data expertise will strengthen new industries and markets, and that together with Software Mind’s engineers, we will create solutions and strategies that deliver real value in data engineering.”
Over its 15 years of operation, Core3 has become a trusted technology partner, providing custom IT strategies, resource management solutions, and other innovative tools through services such as enterprise consulting, data analysis, and web and mobile application development.
Accelerating Growth with Strategic Support
The acquisition of Core3 is part of a growth strategy supported by Enterprise Investors, which follows a buy-and-build approach. This strategy allows Software Mind to expand its services and strengthen its market position dynamically.
Rafał Bator, a partner at Enterprise Investors, praised Software Mind’s recent investment:
“We take pride in witnessing Software Mind’s ambitious growth. Our goal was not just to fund the company but to accelerate its development—leveraging our experience in building local champions. Software Mind demonstrates the organizational capabilities to establish the necessary infrastructure and foster a culture that attracts clients, drives organic growth, and seamlessly integrates acquired companies into its offerings.”
Software Mind’s latest acquisition reinforces its position as a leader in delivering innovative solutions, highlighting its commitment to growth and excellence in the ever-evolving technology sector.
Source: CEO Magazine
