Varbanov Soft, Ruse became part of Musala Soft

9 Dec 2016

Varbanov Soft, Ruse became part of Musala Soft Varbanov Soft, Ruse became part of Musala Soft

The team of the Ruse-based software company Varbanov Soft is now part of Musala Soft. All its employees have already moved to the Musala Soft’s office in Ruse.

“I’m happy, we are now part of Musala Soft’s big family. I’m sure I took the right decision for me and my team and I look forward to many successful years together.” – said Svilen Varbanov, the owner of Varbanov Soft.

Perkin Elmer ( ), one of the leading global bio-tech players is a major customer of Varbanov Soft. Following the merger, and combining with Musala Soft experience in augmented intelligence in healthcare based on IBM Watson, both teams have created a powerful area of expertise and a base for future development.

“I am convinced Varbanov Soft is the right choice for all of us. We are strengthening our presence in Rousse, where we will continue to partner with the University, the municipality and the local IT community and we are looking for new additions to our Rousse team in 2017.” said Elena Marinova, President of Musala Soft.

The merge of Varbanov Soft and Musala Soft is the first inorganic step in the development of Musala Soft. In 2016 the company continued its growth with the target +25% y/y revenue increase and 1,000 employees by 2020. Currently Musala Soft has offices in Sofia, Burgas, Ruse, Skopje and concentration of customers in Europe and the US, the majority of them – multinationals in IT, telecom and financial industries and government organizations.