Announced

Applications Software Technology to acquire Symatrix.

Synopsis

Applications Software Technology, a specialist in systems integration of Oracle applications and technologies, agreed to acquire Symatrix, a specialist cloud HCM and ERP managed service provider, offering an alternative to the Oracle and outsourced payroll. Financial terms were not disclosed. “The capabilities of Symatrix complement and broaden AST’s core services and allow us to reach new global markets. Working together we will be able to offer enhanced services to our combined customer base. We’ll continue to deliver high-value solutions that provide measurable value and outcomes for our customers at a global scale,” Justin Winter AST CEO.

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