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Announced

Completed

FOG Software Group completed the acquisition of Optitex.

Synopsis

FOG Software Group, a division of Constellation Software, completed the acquisition of Optitex, a software solutions provider. Financial terms were not disclosed. Optitex will operate as an independent company within FOG. With Constellation Software’s long-term strategy to acquire, build and retain companies, Optitex will benefit from Constellation's additional strategic support. "This acquisition provides significant added value to Optitex, its customers and partners. While retaining the independence of business operations, we reinforce our strong commitment to innovative product development. Optitex expects to achieve lasting business stability supported by Constellation's long-term vision and to further benefit from Constellation’s financial support, networking opportunities, and well-honed management best practices,” Amir Lehr, Optitex CEO.

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