Israeli technology-services company Commit acquired software-development firm ITSoft in a transaction reported at NIS 10 million (about $3.1 million) in August 2021. ITSoft brought more than 150 software-development specialists and a team-building operation that Commit said would strengthen its international business, particularly in Europe.
What Commit acquired
ITSoft was founded in 2013 and provided offshore software-development services. Its work included back-end and front-end development, DevOps and QA automation. The company also recruited and organized technical specialists into engineering teams for clients.
That made the acquisition chiefly a purchase of engineering capacity, recruitment capability and delivery infrastructure—not a deal centered on a widely known software product. Contemporary reports said ITSoft had more than 150 specialists, concentrated mainly in Europe. They do not establish that every specialist became a permanent Commit employee.
Calcalist/CTech’s August 23, 2021 report and Control Design’s coverage described the transaction and its workforce addition.
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Why Commit pursued the deal
At the time, Commit was an Israeli technology-services and custom-software company founded in 2005. It had approximately 550 employees or professionals, according to contemporary reporting. The ITSoft acquisition gave it a faster route to additional engineering capacity than recruiting a comparable workforce one person at a time, while extending its reach into European delivery and talent markets.
Commit’s stated rationale also fit its flexible R&D-services model: clients could be supplied with existing or rapidly assembled teams rather than relying only on their own hiring. Commit chairman and president Arik Faingold presented the deal as strengthening that model. ITSoft founder and CEO Evgeny Golubov described the combination as pairing Israeli management with overseas engineering teams. These were strategic aims, not disclosed evidence of subsequent revenue or cost savings.
The purchase came during a broader international push. In March 2021, Commit announced the launch of Commit USA in New York, led by North America CRO and managing director Max Nirenberg. The company’s announcement described its North American expansion; the ITSoft deal addressed engineering capacity and European operations.
Price and deal details reported publicly
The reported purchase price was NIS 10 million, approximately $3.1 million. The dollar conversion is approximate; the shekel amount is the reported figure. Available coverage does not detail revenue, earnings, payment structure, any earn-out, ownership percentages, employee-retention terms or the exact legal closing date. The price therefore should not be treated as a basis for calculating ITSoft’s valuation multiples or the deal’s financial return.
ITSoft’s reported customers
Coverage named Cibus Sodexo, TytoCare, JFrog, Radwin and Microsoft among ITSoft’s customers or portfolio clients. That reporting does not establish that each relationship continued after the acquisition, nor does a customer list imply endorsement of the deal. TechTimes’ September 2021 article supplied those additional details.
What the deal does—and does not—show
For a services company, acquiring a sizeable delivery team can expand the work it is able to pursue and help it respond more quickly to client demand. The same model carries execution risks: expected capacity depends on retaining specialists and keeping them utilized, while cross-border delivery brings management, employment, time-zone, data-protection and intellectual-property considerations. Public reports do not disclose enough about integration or subsequent performance to determine how those risks played out in this case.
Rank #4
The label “global tech leader” is promotional rather than an independently established ranking, and the available reporting does not establish ITSoft as one of Israel’s largest technology companies. The evidence supports a narrower description: an Israeli-founded software-development services firm with more than 150 specialists that expanded Commit’s talent and delivery capacity.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Do not confuse ITSoft with Commit’s later Savannah deal
In January 2026, Commit acquired Savannah, an Africa-focused technology-talent company, in a separate all-cash transaction estimated at several million dollars. That later acquisition is distinct from the 2021 ITSoft purchase. Calcalist/CTech and Ynet Global reported on Savannah.
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