The paper quoted Exai CEO Gal Moran as saying that the company is asking for a 3-million-euro grant from Lithuania's authorities and that a pool of IT talent and a sustainable, growing startup ecosystem was a key factor in choosing Vilnius for its expansion plans.
Exai is planning to open its Vilnius office this summer.
The company's offices in Israel, the United States, Macedonia and the Philippines employ a total of 50 professionals. It has attracted 25 million US dollars in investments.
Israel’s cloud computing company TeraSky opened its office in Vilnius three months ago and Israel's cashless payment solutions developer Nayax did so last year.
