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Announced

WorkWave to acquire TEAM Software.

Synopsis

WorkWave, a developer of cloud-based field service and fleet management software, agreed to acquire TEAM Software, a developer of cloud-based workforce management software. Financial terms were not disclosed. "This acquisition marks a major step forward in the execution of WorkWave's strategy to push into new markets, while leveraging our proven track record of helping our customers provide superior service and build fast-growing and highly profitable companies. We are thrilled to be joining forces with TEAM to deliver on our shared commitment to provide the greatest value to our entire customer base," David F. Giannetto, WorkWave CEO.

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