Feeds

Infomedia buys UK rival for $AU4.8m

Automotive software specialists merge

  • alert
  • submit to reddit

Choosing a cloud hosting partner with confidence

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

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Internet Security Threat Report 2014
An overview and analysis of the year in global threat activity: identify, analyze, and provide commentary on emerging trends in the dynamic threat landscape.