Announced
Completed
Synopsis
Valsoft, a software management and distribution solutions provider, completed the acquisition of Kivuto Solutions, a software company. Financial terms were not disclosed. "Valsoft is the perfect partner to support the next phase of growth for Kivuto. The need for academic institutions to embrace digital education solutions has grown exponentially in recent years, and Kivuto is a key player in enabling schools and universities to provide a world-class solution for students, staff, and faculty in the management and distribution of academic digital assets. We have a critical role to play in our space, the opportunity for growth is substantial, and as such, we look forward to embracing this opportunity with the support and resources offered by a global company such as Valsoft," Mark McKenzie, Kivuto CEO.
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