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Keysight Completes Acquisition of Synopsys' Optical Solutions Group and Ansys' PowerArtist
Businesswire· 2025-10-17 12:30
Core Insights - Keysight Technologies, Inc. has completed the acquisition of the Optical Solutions Group from Synopsys, Inc. and PowerArtist from Ansys, Inc. [1] - These acquisitions are aimed at enhancing Keysight's design engineering software portfolio and computer-aided engineering capabilities [1] - The strategic move is expected to enable customers to bring innovative designs to market more quickly [1] Company Summary - The Optical Solutions Group is recognized as a leading developer in optical design and analysis [1] - The acquisition of PowerArtist will further strengthen Keysight's offerings in the engineering software domain [1]
Constellation Software’s Harris Operating Group Enters into Agreement to Acquire TECVIA Holding GmbH
Globenewswire· 2025-10-15 17:37
Core Viewpoint - Constellation Software Inc. has announced the acquisition of TECVIA Holding GmbH by its Harris operating group, pending closing conditions [1]. Company Overview - Constellation Software Inc. specializes in acquiring, managing, and building vertical market software businesses that deliver mission-critical software solutions [1].
Constellation Software's Harris Operating Group Enters into Agreement to Acquire TECVIA Holding GmbH
Globenewswire· 2025-10-15 17:37
Core Points - Constellation Software Inc. announced the acquisition of TECVIA Holding GmbH by its Harris operating group, pending closing conditions [1] Company Overview - Constellation Software Inc. specializes in acquiring, managing, and building vertical market software businesses that provide mission-critical software solutions [1]
Volaris Group Acquires Sportsground Ltd, Expanding into Sports Management
GlobeNewswire News Room· 2025-08-26 12:00
Core Insights - Volaris Group has acquired Sportsground Ltd, a New Zealand-based software company specializing in community and school sports management [1] - Sportsground Ltd has developed a range of software solutions, including Sporty.co.nz and Schoolground.co.nz, which are widely used by players, parents, and sports organizations in New Zealand [2] - The acquisition aims to enhance Sportsground's services and position it as a leading platform for sports organizations across New Zealand [3] Company Overview - Sportsground Ltd was founded in 2008 and offers software solutions that facilitate online registrations, payments, and member management for sports organizations [2] - The platform includes features such as a drag & drop website builder, eNewsletter service, and mobile apps for live scoring and communication [2] - Sportsground has been adopted by many major sports codes and schools in New Zealand, indicating its strong market presence [2] Leadership and Future Plans - CEO Mike Purchas emphasized the importance of a succession plan for the long-term success of Sportsground, stating that Volaris is the best fit for the company's future [3] - Sportsground will continue to operate under the leadership of Mike Purchas, ensuring continuity for its clients and stakeholders [3] - Volaris sees the acquisition as a strategic move to expand its presence in the education sector, leveraging Sportsground's technology [3]
VitalHub Completes Acquisition of Induction
Globenewswire· 2025-06-19 11:00
Acquisition Overview - VitalHub Corp. has completed the cash acquisition of Induction Healthcare Group PLC through a court-sanctioned scheme of arrangement, valuing Induction at approximately £9.7 million [1][4] - The acquisition price was £0.10 in cash for each Induction share [4] Induction's Business and Financials - Induction provides software solutions that enhance care delivery and patient journeys in hospitals, with key products including Zesty and Attend Anywhere [3][6] - For the six-month period ending September 30, 2024, Induction reported revenues of £5.4 million, a gross margin of 78.2%, and an adjusted EBITDA loss of £0.9 million [4] - Zesty generated revenues of £2.0 million, while Attend Anywhere generated revenues of £3.2 million, with £0.2 million from discontinued operations [4] - As of the acquisition closing date, Zesty had an Annual Recurring Revenue (ARR) of £2.2 million, and Attend Anywhere had virtual care recurring revenue of £4.6 million [4][14] Strategic Rationale - The CEO of VitalHub stated that the Induction product set, particularly the Zesty platform, is highly complementary to VitalHub's existing solutions, aiming to enhance value for healthcare partners and improve patient outcomes [5] - VitalHub's growth strategy includes targeting organic opportunities and pursuing an aggressive M&A plan [5]