Feeds

Infomedia buys UK rival for $AU4.8m

Automotive software specialists merge

  • alert
  • submit to reddit

Internet Security Threat Report 2014

ASX listed automotive software developer Infomedi, has snapped up UK based Different Aspect Software for $AU4.8 million (£3,174,000).

Under a share purchase agreement Infomedia has acquired the entire company which provides IT application solutions to the automotive industry, including all intellectual property rights and its contracts.

"Our development teams in Cambridge, Sydney and Melbourne will be working in the coming months to cross-integrate the Different Aspect products and Infomedia's flagship products," said Infomedia's Executive Chairman, Richard Graham

This new asset provides Infomedia with a mature suite of software products which will bolster the existing Infomedia customer base in addition to opening up the door to new markets.

Graham said that the acquisition of DAS supports Infomedia's growth strategy and objective of providing more product depth. DAS founder and MD Jason Thorpe will remain with the company in a leadership role as it extends its products and serves automakers and retail dealers beyond the UK.

"We are confident that the new operational footprint in Europe will deliver synergies that will result in operational cost savings for Infomedia,” Graham added.

Choosing a cloud hosting partner with confidence

More from The Register

next story
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.