Vercel Snaps Up Egyptian-Founded Stakpak in Second African Acquisition This Month
AI Summary
American cloud platform Vercel has acquired Stakpak , an Egyptian-founded startup building open-source autonomous DevOps agents — its second purchase of an African company in the space of a month, and its second exit for P1 Ventures’ portfolio. The deal follows Vercel’s acquisition of Better Auth, founded by Ethiopian developer Bereket Engida, which was confirmed just last week. Financial terms of the Stakpak transaction were not disclosed.
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