Announced

Completed

Cygna Labs completed the acquisition of VitalQIP from Nokia.

Synopsis

Cygna Labs, a software developer, completed the acquisition of VitalQIP, a software manufacturer with a focus on providing enterprises worldwide with the latest innovations in DDI, cloud security, and compliance technology, from Nokia, a telecommunications, information technology, and consumer electronics corporation. Financial terms were not disclosed. “The continued adoption of cloud computing services by enterprises remains a key driver for the DDI market. Enterprise networks have become more distributed than ever, and business-critical applications that organizations rely on are increasingly being hosted in the cloud. The addition of VitalQIP to our DDI offerings ensures our existing and new customers have access to the most comprehensive selection of DDI solutions and DDI managed services in the world,” Alexander Haecker, Cygna Labs CEO.

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