CTG Acquires French Testing Company StarDust

Strengthens Testing Solution Offerings with Addition of Innovative Crowdtesting Capability

BUFFALO, N.Y., March 03, 2020 (GLOBE NEWSWIRE) -- CTG (NASDAQ: CTG), a leading provider of information technology (IT) solutions and services in North America and Western Europe, today announced it has acquired StarDust, a leader in testing and quality assurance for digital services based in Marseille, France, and with operations in Montreal, Canada.

Highlights of the Transaction:

• Increases CTG’s presence in the high-growth global testing market;
• Crowdtesting capability provides a faster, more flexible testing solution that CTG can leverage to expand its existing client base;
• Establishes foothold in France’s testing market and extends testing capabilities to the United States and Canada; and
• Adds approximately $7 million in annualized revenue; expected to be immediately accretive to operating results, excluding customary acquisition-related expenses.

StarDust, a pure-play testing company, promotes digital quality in France and Canada. The company offers a complete range of testing services, including functional, multilingual, operational, environmental, regression, and application benchmarking, and utilizes a flexible service approach that includes in-lab testers, on-site testers, crowd testers, or a hybrid approach combination. StarDust’s offerings cover digital services and test websites, software, mobile applications, and the Internet of Things (IoT)/connected objects. The company has served over 200 clients across a variety of industries in its nine-year history, and is focused on reducing business risk for its clients and maximizing end-user satisfaction.

“StarDust’s suite of testing solutions complements CTG’s current testing offerings and allows expansion of our portfolio of services offered to clients who are experiencing complex testing requirements. This acquisition supports CTG’s strategy to expand our Global Testing solutions presence, not only in France, but also in Belgium, Luxembourg, the United Kingdom, and North America. Specific to France, StarDust will enable CTG to accelerate growth in the area of testing for mobile development, a current focus area for CTG France. Additionally, StarDust’s current client companies complement CTG’s existing base with virtually no overlap, providing significant cross-selling opportunities,” said CTG President and Chief Executive Officer Filip Gydé. “Most importantly, CTG will now have crowdtesting capabilities that allow us 24X7 access to testers around the world who bring a broad diversity of testing skills, languages, and experience with a range of testing devices and configurations, while also minimizing our upfront investment in this area.  Crowdtesting will meaningfully differentiate CTG from many of our larger competitors, as we will now be able to provide faster turnaround and offer more flexible and cost-effective testing solutions to our clients.”