Insights

Strategic Acquisition The acquisition of CTCo by Tech Mahindra for over 310 million euros indicates significant market confidence and potential expansion opportunities in the European IT services sector, making it a promising prospect for complementary partnerships or co-sell strategies.

Stable Revenue Base With an estimated revenue between 500 million and 1 billion dollars and a strong track record as an R&D leader in Latvia, CTCo demonstrates financial stability that enables targeted sales approaches in enterprise solutions and innovation-driven IT services.

Technology Expertise Leveraging a sophisticated tech stack including Docker, MongoDB, PostgreSQL, and .NET, CTCo is well-positioned for clients seeking advanced, scalable IT solutions, presenting opportunities to offer complementary technologies or co-innovation projects.

Market Positioning As one of Latvia's largest R&D companies with extensive experience serving global clients for over 20 years, CTCo holds a reputable position in enterprise applications, making it an ideal partner or client for enterprises pursuing digital transformation.

Potential Collaborations Given its focus on innovative IT solutions and strong client relationships, engaging with CTCo in joint ventures, co-development, or consulting projects could unlock new revenue streams and strengthen market presence in the enterprise IT space.

Similar companies to C.T.Co

C.T.Co Tech Stack

C.T.Co uses 8 technology products and services including Docker, MongoDB, PostgreSQL, and more. Explore C.T.Co's tech stack below.

Docker
Containerization
MongoDB
Database
PostgreSQL
Database
git
Development
JavaScript
Programming Languages
.NET
Programming Languages
HSTS
Security
Tailwind CSS
UI Frameworks

Media & News

Tech Mahindra acquired Com Tec Co for $351M on Jan 1st '22.
Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services & solutions, today announced 100% acquisition of Com Tec Co IT Ltd (CTC) for €310 million including earnouts and synergy linked payouts.
Jan 17, 2022 | www.indiainfoline.com

C.T.Co's Email Address Formats

C.T.Co uses at least 2 format(s):

C.T.Co Email Formats	Example	Percentage
First.Last@ctco.lv	John.Doe@ctco.lv	93%
Last@ctco.lv	Doe@ctco.lv	2%
First@ctco.lv	John@ctco.lv	1%
F.Last@ctco.lv	J.Doe@ctco.lv	2%
FLast@ctco.lv	JDoe@ctco.lv	1%
FL@ctco.lv	JD@ctco.lv	1%
First.Last@ctco.eu	John.Doe@ctco.eu	100%

Frequently Asked Questions

What is C.T.Co's official website and social media links?

C.T.Co's official website is ctco.eu and has social profiles on LinkedIn.

What is C.T.Co's NAICS code?

C.T.Co's NAICS code is 5415 - Computer Systems Design and Related Services.

How many employees does C.T.Co have currently?

As of December 2025, C.T.Co has approximately 617 employees across 4 continents, including EuropeAsiaAfrica. Key team members include Chief Strategy Officer: S. Z.Head Of Ux And Product Design: V. P.Hr Director: A. O.. Explore C.T.Co's employee directory with LeadIQ.

What industry does C.T.Co belong to?

C.T.Co operates in the IT Services and IT Consulting industry.

What technology does C.T.Co use?

C.T.Co's tech stack includes DockerMongoDBPostgreSQLgitJavaScript.NETHSTSTailwind CSS.

What is C.T.Co's email format?

C.T.Co's email format typically follows the pattern of First.Last@ctco.lv. Find more C.T.Co email formats with LeadIQ.

When was C.T.Co founded?

C.T.Co was founded in 1999.

C.T.Co

Q: What is C.T.Co's official website and social media links?

C.T.Co's official website is ctco.eu. C.T.Co has social profiles on LinkedIn.

Q: How many employees does C.T.Co have currently?

C.T.Co has approximately 617 employees.

Q: What technology does C.T.Co use?

C.T.Co's tech stack includes JavaScript, MongoDB, Web Components, Fastly, OWASP.

IT Services and IT ConsultingĶekavas Nov., Latvia501-1000 Employees

CTCo limited is a Europe-oriented IT solutions and services provider, based in Riga, Latvia (EU) with a track record of delivering enterprise solutions to top global clients for 20 years now.

As one of the largest R&D companies in Latvia, CTCo established itself as the most advanced and reliable IT company in enterprise apps market space. It was selected as a strategic partner by Com Tec Co Group Int. (technology group, rendering IT consulting services and innovative solutions to global enterprises and financial institutions). For more than 20 years of successful relationship with its partners, CTCo proved to be one of the most reliable R&D services providers.

The company is committed to maintaining high quality standards through a strong sum of out-of-the-box approach, seasoned teams passionate about innovation, over a decade of expertise in the domain, and challenging working environment.