Oslo-registered product-engineering group 99x entered Portugal in October 2023 by buying Lisbon-area nearshore developer Cleverti through 99X Investment AS. The business now trades as 99x Portugal through 99X Tech, Unipessoal Lda (NIF 508828589) in Algés, Oeiras. AICEP reported more than 100 staff there in July 2025.
99x is a product-engineering group that builds digital products mainly for Scandinavian software vendors. It was founded in Sri Lanka in 2004 and its group companies are registered in Oslo (99X Group AS, 99X Investment AS and 99X Technology AS in the Norwegian business register). Its European contact address is Dronning Eufemias gate 16, Oslo. The group says it has more than 600 staff across Norway, Portugal, Sri Lanka, Brazil and Malaysia.
The group entered Portugal in October 2023, when 99X Investment AS, Norway, completed the purchase of Cleverti, a nearshore software services firm with more than 90 staff serving clients in 14 European countries, including the UK, Germany and Scandinavia (Daily FT, November 2023). The Portuguese company has since been renamed: Racius lists 99X Tech, Unipessoal Lda, NIF 508828589, share capital €45,000, at Alameda Fernão Lopes 16 in Algés, and records that it was previously known as Cleverti Tecnologias e Inovação, Unipessoal Lda. The Portuguese press describes the deal as an Oeiras technology company passing to the Norwegian 99x Holding. The cleverti.com domain now redirects to 99x.
In July 2025, AICEP reported that 99x Portugal had more than 100 employees working remotely and in hybrid roles across the country, and 40 open positions for backend, frontend, DevOps, QA and data engineers. CEO Carlos Coutinho said the hiring was driven by fintech, e-commerce, automotive and logistics projects.
In May 2025 the Portuguese unit hired Guilherme Ramos Pereira as head of strategic development (Jornal Económico, 27 May 2025). Two months later, in July 2025, AICEP Portugal Global profiled 99x Portugal with more than 100 staff and 40 open engineering roles. In May 2024, ECO reported the Oeiras company’s passage to the Norwegian 99x Holding.
Most Nordic software groups that hire in Portugal open a greenfield hub. 99x instead bought an existing Portuguese nearshore firm that already served Scandinavian clients and folded it into a group whose customers are largely Nordic software vendors. That gives the corridor a working example of an acquisition-led route into Portugal’s engineering talent pool. Headcount has since grown past 100, according to AICEP.
Sources: Daily FT (Cleverti acquisition by 99X Investment AS); Racius and nif.pt (NIF 508828589, former name, address); AICEP Portugal Global (headcount, hiring); 99x.io (Oslo address); Brønnøysundregistrene (Norwegian group entities). Fetched 6 November 2026; reviewed 11 November 2026.
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