Feeds

Infomedia buys UK rival for $AU4.8m

Automotive software specialists merge

  • alert
  • submit to reddit

Intelligent flash storage arrays

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.

Top 5 reasons to deploy VMware with Tegile

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'
Scrapping the Human Rights Act: What about privacy and freedom of expression?
Justice minister's attack to destroy ability to challenge state
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
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
prev story

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
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?
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.