Endava Continues Asia Pacific Expansion, Announcing the Acquisition of DEK

(NYSE “DAVA”) – Endava, a pure play next-gen technology company, announced today the acquisition of DEK Corporation Pty Ltd, DEK Technologies Sweden AB and DEK Vietnam Company Ltd (collectively, “DEK”), a multinational firm that develops cutting-edge software and hardware solutions across a range of applications, including embedded systems, real-time solutions, telecoms and data communications.

DEK was founded in 1999, has 660 operational employees, and is headquartered in Melbourne, Australia with additional offices in Ho Chi Minh, Vietnam and Stockholm, Sweden. DEK’s expertise spans several industry sectors with the most prominent being telecommunications. One of its longstanding clients is one of the world’s largest networking and telecommunication equipment and services companies. Other clients include Australia’s largest telecoms company and a publicly listed artificial intelligence technology company.

With this acquisition, Endava demonstrates its strategy of diversification through M&A activities, further enhancing its Australian operations. It has successfully completed a trifecta of acquisitions of Australian headquartered businesses within the last fiscal year alone. These include the acquisitions of Lexicon in October 2022 and Mudbath in May 2023.

These acquisitions not only further increase Endava’s reach in the Asia Pacific region, improving its offering to clients, people and local communities alike and adding a strong telecommunications capability, but also grows its presence and customer base in Sweden.

Furthermore, Endava believes that DEK’s delivery capacities in Vietnam can be the foundation for one of Endava’s major delivery locations in the future as Endava continues to grow.

“DEK brings with it great talent, with particular expertise in the globally innovative domains of telecoms and embedded tech. We’re excited by the opportunity to cross sell our capabilities to each other’s clients. We look forward to forging strong relationships with the new customers this merger is bringing to the Endava family,” said John Cotterell Endava’s CEO.

Drini Mulla, CEO and co-founder of DEK, commented “Since our first contact with Endava, we have been impressed by their culture, quality and energy and we wanted to bring our businesses together. We are delighted to do so now. This is a positive move, as we now gain access to a broader array of skillsets, not to mention our people and businesses with the now accelerated growth potential.”