Ideagen Announces £15.6m Acquisition of Key Competitor Qualsys
Leading international provider of software for the audit, risk and compliance market, Ideagen Plc (AIM:IDEA), has today announced the acquisition of key competitor, Qualsys, for £15.6m. Qualsys is an EQMS (Electronic Quality Management Software) company based in Sheffield. The business was started in 1995 by Mike Pound and Mike Bendall and now employs more than 50 people. Its products are used by more than 500,000 people in more than 120 countries. Qualsys has blue chip customers, such as Diageo, Unilever, Honeywell and BT, across a range of industries, including pharmaceutical,