Connecticut headquartered pure-play test automation provider Qualitest Group acquired the Israel based machine learning business AlgoTrace on 12th December 2019.
Qualitest’s acquisition follows investment by Bridgepoint Capital earlier in 2019 and deepens the relationship between the two software firms have established over the past year.
“While there is a lot of hype surrounding AI, we are deploying practical tools that change the rules,” said Ron Ritter, CEO of AlgoTrace. “We are thrilled to be joining with Qualitest, we have complete faith that we will help Qualitest change the testing paradigm forever.”
AlgoTrace powers Qualitest’s codeless test predictor tool, which assists quality leaders to organise and prioritise QA activities and ensure software releases deploy as predicted.
“Applying AI to quality engineering is a perfect fit – [it] is the only way companies can scale software testing,” stated Norm Merrit, CEO of Qualitest. “Algotrace [has] shown they understand this.”
According to Aviram Shotten, Chief Knowledge and Innovation Officer at Qualitest: “This acquisition will help us accelerate AI adoption within quality engineering and build new solutions to improve how technology is developed, tested and deployed.”
Firms appetite for AI adoption in the quality dimension continues to rise, with some experts predicting investments in the technology for QA to rise from 5% in 2019 to over 40% through 2021. This latest acquisition underscores that trend.
