Ideagen completed the acquisition of Qualtrax for $15m.

Ideagen, a supplier of regulatory and compliance software, completed the acquisition of Qualtrax, a compliance software provider, for $15m. "I am very pleased to announce the addition of Qualtrax to our Group and the expansion of our presence in the United States. Qualtrax brings a high quality customer base, strong growth, a high level of recurring revenue and also bolsters our platform for expansion in the USA," Ben Dorks, Ideagen CEO.