GSG GENII Software Group, a software company, completed the acquisition of iVention, a cloud based laboratory automation platform. Financial terms were not disclosed. “Our acquisition of iVention further progresses GENII’s strategy of being the best home for market-leading, niche enterprise software businesses. Together we will make a strong push to change the lab automation world and establish iVention as a leading product with the most modern technology, future-proofed and financially backed by GENII,” Matthias Siekmann, GENII CEO.