Gofore, an IT service management company, completed the acquisition of Devecto, a software developer. Financial terms were not disclosed. “Based on our strategy, we have been actively developing our private sector customer base and focused particularly on building an offering catering to the digitalisation of smart industry. For these purposes, Devecto’s expertise is an excellent addition to Gofore’s service portfolio, and the resulting entity, Intelligent Industry, will comprise our smart industry service offering. Digital solutions and software are becoming increasingly important as digitalisation steers our customers’ product development, IT and business development together. We want to act as part of this transformation as a digitalisation partner for our customers. That is why Devecto’s expertise rooted in smart devices and telecommunications, as well as its customer relationships are especially valuable to us," Mikael Nylund, Gofore CEO.