Acquisition Overview - Volaris Group announced the acquisition of 4D SAS, a company specializing in hybrid low-code development platforms, marking its expansion into the developer platforms market [1] - 4D SAS offers two platforms, 4D and Qodly, which enable rapid creation, customization, and deployment of mission-critical business applications, both on-premises and in the cloud [1] Technology and Market Impact - 4D's platforms combine visual and coding tools, allowing developers to work efficiently on both front and back ends, reducing development costs and enabling quick responses to customer needs [2] - The company supports developers globally with offices in France, the US, Germany, Japan, and Australia, and operates 4D Logiciels Morocco, which provides professional services and expertise [3] Strategic Vision and Leadership - Volaris Group's buy-and-hold investment philosophy aligns with 4D's long-term vision, aiming to support innovation and growth under the continued leadership of CEO Eric Teissandier [5] - 4D's founder, Laurent Ribardière, expressed pride in ensuring the company's continuity and growth by joining Volaris Group, benefiting the global developer community [6] Company Background and Innovation - 4D SAS was founded in 1984 with a focus on simplifying professional application creation using a graphical relational database, evolving into a leader in Rapid Application Development tools [7] - The company has a history of innovation, including the first integrated dynamic web database system in 1997 and the launch of the first end-to-end JavaScript platform in the 2000s [8] Customer Base and Industry Reach - 4D serves thousands of customers globally, including ISVs, independent developers, and corporate developers across industries such as healthcare, finance, education, and more [9] About Volaris Group - Volaris Group, an operating group of Constellation Software Inc, focuses on acquiring and strengthening vertical market technology companies, supporting growth through organic measures and complementary acquisitions [10][11]
Volaris Group Acquires 4D SAS