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Announced

Roper Technologies to acquire Foundry from HgCapital for £410m.

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.

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