Ascendion, which provides AI-powered software engineering, announced June 18 the acquisition of Moodys Northwest Consulting, a product strategy and transformation firm. The move bulks up Ascendion’s ability to help enterprise clients imagine, build, and scale AI-enhanced software products that deliver business value.
The combined companies offer clients a full-stack solution for product strategy, agile delivery, and AI-powered engineering—bridging the gap between vision and execution to accelerate innovation and drive measurable business impact.
“In an AI-driven world, strong execution matters as much as innovation,” said Karthik Krishnamurthy, chief executive officer of Ascendion. “By combining Moodys’ product strategy and management expertise with our AI-led engineering capabilities and our ‘Engineering to the Power of AI’ method, we’re helping companies deliver practical, high-impact outcomes that move business forward.”
As part of Ascendion, Moodys becomes the company’s product management center of excellence, bringing best-in-class methods, talent, and proprietary frameworks that align every sprint, feature, and release to business outcomes.
Ascendion says Moodys has delivered more than $1 billion in value to enterprise clients by:
- Boosting digital product adoption up to eight-fold
- Cutting software defects by 80% to 90%
- Delivering up to three-times faster engineering velocity
With Moodys’ capabilities integrated into Ascendion’s global delivery network and AI development platform (AAVA), clients will benefit from:
- Seamless delivery across product, design, AI, and engineering
- AI-enhanced decision-making across the full product lifecycle
- KPI-linked execution and outcome transparency
- Global scale with deep, local client intimacy
“Time-to-market is critical and meeting that challenge requires the right combination of design, product management, AI, and engineering,” said Ameet Moodbidri, CEO of Moodys. “Our clients have been asking us to broaden our capabilities, and now with Ascendion we can provide best-in-class AI-led product and engineering for true business impact.”
Global Investment Bank, Canaccord Genuity, served as exclusive financial adviser to Moodys NWC on the transaction. Financial terms were not disclosed.
