TIER, the European micro-mobility company, is to acquire the Hungarian tech agency Makery to create a technology hub in Budapest, Hungary. Budapest will be TIER’s largest tech-focused office outside of its headquarters in Berlin and London.
Budapest will also be one of many new cities in Central and Eastern Europe where TIER will launch its service in 2021.
Adding to its current workforce of more than 900 employees, TIER will keep all of Makery’s 27 highly skilled experts in the field of product strategy, product design, engineering, and project management.
Matthias Laug, CTO and co-founder of TIER, says: “From the very beginning we’ve been hugely impressed by Makery’s spirit and efforts to support us. The whole team is a great addition to our expertise and we’re very happy to have them on board. Our plan is to expand the number of employees in the upcoming months with more local talent as well as team members who work remote from all over the world.”
András Kindler, co-founder of Makery and new VP Engineering at TIER, adds: “We are humbled and happy to join TIER. We have been working with TIER closely for years now, and we already think of the team as colleagues and friends. We’re very excited to make this happen.”
Balázs Zsédely, co-founder of Makery and new Tech Hub Director at TIER, comments: “Mobility and sustainability were always among our focus areas, and TIER brings the best of both worlds. We will have the unique opportunity to change mobility for good, from the heart of Budapest.”
Headquartered in Berlin, TIER currently operates in 95+ cities across 11 countries in Europe and the Middle East. Its investors include SoftBank Vision Fund 2, Mubadala Capital, Northzone, Goodwater Capital and White Star Capital.