Idox to acquire Aligned Assets for £10.5m.

Idox, a supplier of specialist information management software and solutions to the public and asset-intensive sectors, agreed to acquire Aligned Assets, a UK based public sector software business, for £10.5m. "This is a valuable acquisition for Idox that builds on our public sector software focused growth strategy. Having recommended Aligned Assets to existing customers to use alongside our own built environment software, the acquisition will enhance and optimise our current offering and is a natural fit," David Meaden, Idox CEO.