Automic has entered into exclusive discussions with Argos Soditic for the acquisition of IT operations software specialist ORSYP.
The planned acquisition would see Automic further extend its global reach as it would significantly strengthen its position in complementary geographies and add further expertise to the team. The contemplated acquisition is notably subject to the completion of the information and consultation procedures.
Following EQT’s investment in Automic in August 2012 and subsequent initiatives to drive global growth, this contemplated acquisition represents a significant step forward in further expanding the Automic ecosystem and marks the business’ vision going forward. The combination of Automic’s platform and ORSYP’s long-standing automation expertise should foster continued technical excellence across both businesses. The combined scale and global reach will be vital to taking a leadership position in the market as we deliver on a global scale superior customer support and best-in-class innovative technology.
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