Sheffield software firm acquired by international group in £15.6m deal
A South Yorkshire software specialist has been purchased by an international firm in a multi-million pound acquisition.
Sheffield-based company Qualsys has been acquired by Ideagen Plc for a total consideration of £15.6m.
Founded in 1995 by Mike Pound and Mike Bendall, Qualsys works with brands such as Diageo, Unilever, Honeywell and BT, across a range of industries, including pharmaceutical, healthcare, complex manufacturing and food and drink.
Ben Dorks, CEO of Ideagen, commented: “This is a fantastic acquisition for Ideagen and will have a significant impact on our position in the EQMS market.
“The latest iteration of their product will sit perfectly within our Q-Pulse product family and will integrate into the Quality Management component of our Quality, Health, Safety and Environment (QHSE) cloud platform.
“This will ensure we can offer our existing and new customers, the latest developments in EQMS, together with the tried and tested expertise of Ideagen’s team of developers and support people, as well as a wider suite of products to meet all of their audit, risk and compliance requirements.”
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.