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Synopsis
Forterro, an industrial software provider, completed the acquisition of Inology, a provider of expense management. Financial terms were not disclosed. “Inology is known for the quality of its solutions and Tickelia is an outstanding AI-automated expense management solution that delivers clear operational and cost benefits to project-driven and customer-service intensive manufacturers. This acquisition aligns perfectly with our midmarket focus, accelerating our cloud strategy, extending our reach in southern Europe, and enabling us to offer customers even more of the tools they need to compete and thrive in their local markets," Dean Forbes, Forterro CEO.
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