Digitalization and tech development are driving an increasing demand for tech skills. However, according to a recent report by TechSverige, it is predicted there will be a deficit of 70,000 IT/Tech professionals in Sweden by 2024, confirming that the gap between supply and demand is greater than ever.
Swedish company, Telescope Services AB ("Telescope") has been successfully recruiting highly skilled IT engineers, primarily in software development, IT security, and R&D, for more than 10 years. Through its established recruitment, relocation, and onboarding model, it sources IT engineers from around the world and brings them to Sweden, providing talented engineers with a future in Sweden and bridging the gap for skills by supplying clients with business-critical skills.
Looking to develop and drive forward its business, Telescope was searching for a partner that would help it achieve its long-term business goals.
Following a competitive process, Nexer, an international tech company that has been providing innovative technology solutions for over 30 years and is part of the Danir Group (a privately held Swedish company with 10,000 employees in 16 countries), was selected as the ideal acquirer for Telescope. With over 2,000 experts in 13 countries, the company has expertise in digital transformation, IT, tech, and R&D.
Together, Telescope and Nexer will be able to offer existing and new clients world-class expertise in digital transformation, as well as highly skilled IT engineers the opportunity to move to Sweden and work in exciting assignments for Nordic companies. Thus, strengthening the Nordic market, contributing to innovative, sustainable tech solutions, and driving digital transformation forward.
IMAP Sweden advised Telescope throughout the sales process.