Announced
Financials
Tags
Majority
Private
3d design software
Private Equity
Pending
VFX software
Friendly
Acquisition
United Kingdom
Software
Single Bidder
Synopsis
Roper Technologies, a diversified technology company, agreed to acquire Foundry, a global developer of high‑end visual effects and 3D design software, from HgCapital for £410m ($544m) in cash. "Hg has been a great partner to Foundry over the last few years, helping us to evolve from a number of category-leading products into a truly cloud-enabled platform positioned for growth across industry segments and geographies. We look forward to partnering with Roper Technologies to continue our ambition to be the leading provider of software to professional users in creative industries," Craig Rodgerson, Foundry CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.