Swedish Vitec picks up Finnish FuturSoft
Finnish software company FuturSoft has been purchased by Swedish Vitec Software Group.
The acquisition brings resources for the long-term development of FuturSoft. According to FuturSoft, there will not be personnel or any other structural changes in the Finnish software company specialising in information technology for the automotive industry.
“[We] believe that the current acquisition gives us even better opportunities to develop our services, eventually benefiting also our clients,” the company says in their press release.
The deal, following a thorough negotiations between the two parties, moves the full capital stock of FuturSoft to Vitec. FuturSoft will be incorporated in the Vitec Auto business segment.
Looking for more good news? Subscribe to our newsletter