A2MAC1 to acquire effution.

A2MAC1, a provider of engineering and technical benchmarking services, agreed to acquire effution, a provider of information technology services catering to IT, finance, procurement, value engineering and research and development markets. Financial terms were not disclosed. “Our main objective is to respond and anticipate, in the most innovative and efficient way, to the evolving challenges the market and our customers are facing. We are constantly looking for thought leadership and hyper-scalable expertise that will complement our benchmarking offerings and insights to meet current and future needs of our customers. The acquisition of effution allows A2MAC1 an enormous potential to grow with the right scale-up approach, as the market is observing increasing demand for software due to ADAS, electrification, and increasing amounts of software to maximize the user experience that will drive innovation and impact vehicle costs significantly," Frank Bunte, A2MAC1 CEO.