Mergers, acquisitions, partnerships

An acquisition rarely comes alone
Following the acquisition of Infogix in June 2021, Precisely takes
now targeting the next company for acquisition.
Precisely plans to acquire Winshuttle. The announcement follows the completion of Precisely's acquisition of data governance software provider Infogix. Financial details of both agreements were not disclosed.
With Winshuttle, Precisely acquires a manufacturer of software for comprehensive process automation and master data management. This enables large volumes of data to be managed, transferred and validated across different systems, including SAP ERP, and high standards of compliance and standards management to be maintained.
"With a collaborative approach to placing the highest priority on customer satisfaction, as well as enabling business and IT departments to work together effectively, Precisely is just perfect for our mission to drive business based on data, and an ideal home for our talented team", adds John Pierson, CEO of Winshuttle. "Both Precisely's role in data integrity and its focus on reliable data perfectly complement Winshuttle's software portfolio and industry expertise. Our customers can operate from a position of strength to bring their products to market faster, be more agile, and make more reliable and timely business decisions."