Mexican mobile application developer Jaguar Labs has been acquired by U.S. software services firm Tiempo Development, which completed the acquisition to “further bolster its bilingual and bi-cultural software engineering team”.
Jaguar Labs boasts an innovative talent pool and will strengthen Tiempo Development’s ability to offer software development services to companies in the cloud computing, finance, healthcare, legal, and security sectors.
“We maintain our position at the forefront of mobile technology development by continually growing our nearshore talent base,” said Cliff Schertz, Founder, Chief Executive Officer and President at Tiempo Development, in a press release.
Based in the state of Jalisco, Jaguar Labs is best known for developing Copilot, an app that helps Mexican drivers identify the best route to their destination.
Tiempo Development will soon integrate Jaguar Lab’s assets into its portfolio, aware that mobile apps are in high demand in Mexico, with the number of people using cellphones to access the internet rising by the day.
Although headquartered in the United States, Tiempo Development has deployed most of its staff at its delivery centers in the Mexican cities of Guadalajara, Monterrey, and Hermosillo.
The company’s roster of clients include Microsoft, Insight Enterprises, and Microchip Technology, according to Phoenix Business Journal.
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