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Costa Rican Tech Company Acquires Silicon Valley Firm

Avantica Technologies has acquired Open Mountain Inc., a U.S. consulting and application development firm.

Thursday, May 6, 2010

With the purchase, Avantica added offices in San Francisco and Sillicon Valley, in addition to existing ones in San José - Costa Rica, San Carlos – Costa Rica, Lima – Peru and New York.

Avantica CEO Mario Chaves told Elfinancierocr.com: “The immediate effect is that we’ll start a new growth phase, with new projects in sight. We’ll then decide if we develop them in San José, San Carlos, Lima, or here”.

Source: elfinancierocr.com