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Announced

Verdane-owned Lingit completed the acquisition of LexAble from NC Technology & Consultancy.

Synopsis

Verdane-owned Lingit, a software company offering multilingual literacy support, completed the acquisition of LexAble, a British technology company providing automatic and immediate text correction, from NC Technology & Consultancy, a company that designs and develops rapid image-capturing cameras. Financial terms were not disclosed. “We aim to further improve our software by including LexAble’s technology in the Lingit family. It will allow us to strengthen our offering towards English language education in Norway and for Claro Software’s users, and is also an important step in further international expansion to English speaking markets," Frode M. Thulien, Lingit CEO.

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