Allied Advisers Serves as Advisor in Sale of 21Labs to Perforce
- Gaurav Bhasin
- May 16, 2021
- 1 min read
Summary:
Allied Advisers is pleased to congratulate 21Labs on its sale to Perforce. 21Labs developed an AI-based, scriptless mobile testing platform that enables organizations to automate application testing without requiring manual scripting. Perforce provides enterprise-scale development tools that support DevOps, version control, and automated testing for software development teams. The transaction expands Perforce’s testing portfolio and strengthens its ability to help development teams accelerate mobile application testing through AI-driven automation.
About 21Labs
21Labs developed an AI-based mobile testing platform designed to simplify and automate the testing of mobile applications. Its scriptless testing approach enables development and quality assurance teams to create automated tests without writing code, reducing the time and complexity associated with traditional testing frameworks. By applying artificial intelligence to test creation and execution, the platform helps teams improve test coverage and accelerate release cycles. The technology supports organizations building and maintaining mobile applications across a range of industries.
About Perforce
Perforce provides enterprise software solutions that help development teams build, test, and release high-quality applications. Its portfolio includes tools for version control, application lifecycle management, automated testing, and DevOps automation. Perforce products are used by organizations developing complex software across industries such as gaming, financial services, automotive, and technology. The company focuses on enabling teams to manage large-scale development environments and accelerate software delivery.
About Allied Advisers
Allied Advisers is a global technology-focused advisory firm specializing in M&A and Capital Raises for middle-market companies. We have successfully advised on over 100 transactions totaling $15B+ in deal value across US, Canada, Europe, India, Israel, and South America.
