Luxoft Schedules a Conference Call to Discuss the Acquisition of Symtavision

Company Release - 2/23/2016 5:43 PM ET

NEW YORK--(BUSINESS WIRE)--LUXOFT SCHEDULES A CONFERENCE CALL TO DISCUSS THE ACQUISITION OF SYMTAVISION

Luxoft Holding, Inc (NYSE:LXFT), a leading provider of software development services and innovative IT solutions to a global client base, today announced that it has acquired Symtavision GmbH, a boutique provider of automotive software tools and consulting services focused on scheduling analysis, architecture optimization, and timing verification. These tools and services are for planning, optimizing, and verifying embedded, real-time systems within all modern automobiles. Symtavision’s tools, building on its proprietary intellectual property, focus on Under the Hood (UTH) technology around increasingly important software integration and timing analysis in the chassis, powertrain, body, and driver assistance domains as well as in-vehicle networking.

The conference call will be conducted with the management of Luxoft’s Automotive vertical and the management of Symtavision on Friday, February 26, 2016, at 8:00 a.m. EST to review and discuss the details of the transaction.

To participate in the conference call please dial 877-407-8293 FREE (for domestic U.S. callers) or 201-689-8349 (for international callers).

If you are unable to join our live event, a replay will be available by dialing 877-660-6853 FREE (for domestic U.S. callers) or 201-612-7415 (for international callers) and entering the conference ID# 13631324. The replay will be available from two hours as of the end of the call and up to 11:59 p.m. EST on March 11th, 2016. The replay will also be available at Luxoft’s Investor Relations portal for 14 days following the call.

About Luxoft
Luxoft Holding, Inc (NYSE:LXFT) is a leading provider of software development services and innovative IT solutions to a global client base consisting primarily of large multinational corporations. Luxoft’s software development services consist of core and mission critical custom software development and support, product engineering and testing, and technology consulting. Luxoft’s solutions are based on its proprietary products and platforms that directly impact its clients’ business outcomes and efficiently deliver continuous innovation. The Company develops its solutions and delivers its services from 27 dedicated delivery centers worldwide. It has over 10,500 employees across 31 offices in 17 countries in North America, Mexico, Western and Eastern Europe, Asia Pacific, and South Africa. Luxoft is incorporated in Tortola, British Virgin Islands, has its operating headquarters office in Zug, Switzerland and is listed on the New York Stock Exchange. For more information, please visit http://www.luxoft.com.

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Luxoft Holding, Inc
Alina V. Plaia, +1-212-964-9900 ext. 2404
Vice-President, Global Communications
IR@luxoft.com
or
Kristen A. Soroka, +1-212-964-9900 ext. 2290
Investor Relations Analyst
ksoroka@luxoft.com

Source: Luxoft Holding, Inc