Announced
Completed
Financials
Tags
United States
Private
information technology
Friendly
Private Equity
Domestic
Software
Majority
Single Bidder
Acquisition
Completed
Synopsis
Insight Partners-backed Resolve Systems, a developer of application software, completed the acquistion of Ayehu, a no-code intelligent IT automation platform. Financial terms were not disclosed. "As we've watched the IT automation market evolve, we've seen two distinct needs emerge. There are those organizations that need to prioritize a fast time to value with out-of-the-box functionality, and those that need more powerful orchestration and integration capabilities to automate very complex, custom, and unique processes. With the acquisition of Ayehu, Resolve can now serve the full spectrum of IT automation needs under one umbrella," Vijay Kurkal, Resolve Systems CEO.
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