Announced
Completed
Financials
Sources
Tags
Acquisition
Private
Single Bidder
Canada
software company
Software
Cross Border
Majority
Completed
Friendly
Synopsis
HubStar, a software development company, completed the acquisition of Relogix, a hardware enabled software company. Financial terms were not disclosed. “By providing customers and partners with a new way to optimize workplace value, our latest acquisition represents an inflection point in the industry that will fundamentally change market dynamics. This transaction will strengthen HubStar’s position at the nexus of developing AI-powered workplace trends. It will expand our reach and drive innovation for existing HubStar and Relogix customers, as well as the vast number of organizations struggling to navigate the complexity inherent in hybrid work,” Steve Vatidis, HubStar Executive Chairman.
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