Vitec Software Group completed the acquisition of Raisoft.

Vitec Software Group, a software company, completed the acquisition of Raisoft, a provider of IT software solutions catering to healthcare and social services sectors. Financial terms were not disclosed. "Vitec has a strong position with long experience and broad expertise in vertical software. For us, it is crucial to have a long-term owner who is committed to the continued development of the company. I am convinced that together we will continue to develop Raisoft for the benefit of our customers today and in the future," Robert Åström, Raisoft CEO.