Saguaro Technology invests in Timisoara offices

Saguaro Technology, the Romanian branch of the company based in Malibu, USA, has announced it had completed an investment exceeding 3 million euros in Timisoara. The investment mainly targeted the building of new headquarters with a 4,000 square metre surface area. Saguaro Technology owns Saguaro Print and SaguaroNet in Romania. “We plan to attain a 15% turnover increase for both companies each year, with the two entities, Saguaro Print and Saguaro Net producing and delivering exclusively to the two partners, IBM and ASYST Technologies in the USA. The collaboration with the two strategic partners is conducted in the form of projects, and for every project, a joint team is created, made up of programmers and/or testers from Romania and the USA. As a matter of fact, the quality of our partnership with IBM for software products has also been confirmed by the granting of a certificate for “Quality in Software Engineering” to Saguaro Print by IBM this year,” stated Hidi Tiberiu, general manager of SaguaroNet, and representative of Saguaro Technology Inc. for Romania.