Announced
Financials
Tags
Cross Border
Acquisition
health care innovations
Majority
Pending
Software
Friendly
software platform
Netherlands
Single Bidder
Private
Synopsis
ASSA ABLOY, a provider of access solutions, agreed to acquire FocusCura, a developer of a software platform, which in combination with other products and technology services, enables elderly care organizations to focus on care. Financial terms were not disclosed. The acquisition is expected to close during the third quarter of 2020. "I am very pleased to welcome FocusCura and their employees into the ASSA ABLOY Group. FocusCura is a strategic technological addition to the ASSA ABLOY Group. The company will reinforce our current offering within Senior Care and will provide complementary growth opportunities," Nico Delvaux, ASSA ABLOY President and CEO.
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