Polymorph, a prominent South African software product development consultancy, has been acquired by Octoco, a rapidly expanding group of technology companies based in Stellenbosch. This acquisition marks a significant development in the region’s technology landscape, bringing together two dynamic entities with complementary strengths.
Founded over a decade ago, Polymorph has built a reputation for its comprehensive software development services. The company offers a fully integrated approach that spans the entire product lifecycle, from early-stage research, ideation, and design thinking to user experience and interface design, prototyping, and full implementation. Over the past 12 years, Polymorph has partnered with some of South Africa’s most recognized brands, establishing itself as a trusted name in the industry.
Octoco, established in 2020 by G-J van Rooyen, has quickly made a name for itself in the tech sector. Van Rooyen, who previously founded the blockchain-based digital privacy company Custos, launched Octoco following the resolution of an investor dispute involving his previous venture. Octoco provides a wide array of engineering services, including software development, hardware engineering, and CTO support. Additionally, the company has ventured into investing in tech startups, exemplified by its investment in Henlo Coffee, which recently debuted its machines in Vida e Cafe.
The acquisition of Polymorph brings significant strategic value to Octoco. Polymorph will join Octoco Consulting as part of the broader Octoco Group, enhancing the group’s capabilities in software product design and development. Both companies are headquartered in Techno Park, Stellenbosch, positioning them in the heart of the region’s burgeoning tech hub.
Heinrich de Lange, CEO of Octoco, expressed enthusiasm about the acquisition. “We think Polymorph’s approach to software product design is exceptional and we are very excited to welcome them to the group,” he said. “They strongly complement our technology consulting company’s services, and the more product-focused firms in our group stand to benefit from their extensive design expertise.”
This strategic acquisition is expected to bolster Octoco’s service offerings and broaden its client base. By integrating Polymorph’s expertise in software product development, Octoco aims to deliver more comprehensive solutions to its clients, enhancing its competitive edge in the market.
The move also reflects a broader trend of consolidation within the technology sector, as companies seek to expand their capabilities and market reach through strategic acquisitions. For Polymorph, joining the Octoco Group provides access to additional resources and opportunities for growth, while allowing the company to continue delivering high-quality services to its existing clients.