Global Graphics completed the acquisition of HYBRID Software Group from Congra Software for $97m.

Global Graphics, a developer of integrated hardware and software solutions, completed the acquisition of HYBRID Software Group, a group of software development and marketing companies, from Congra Software, a holding company which, through its subsidiaries, develops and sells enterprise software for the graphics arts industry, for $97m. "Combining Global Graphics and HYBRID Software will create the foremost enterprise software supplier for digital printing, as well as for traditional label and packaging market segments and I’m proud to announce it to the industry. The DNA of both companies is similar – customer-focused innovation in graphic arts and industrial inkjet – and there’s a strong existing relationship and a great fit between HYBRID Software and the Global Graphics companies: Global Graphics Software, Meteor Inkjet, and Xitron," Guido Van der Schueren, Global Graphics Chairman.