Mergers and Acquistions News
Categories: IT Services & Consulting
February 5th 2009, 14:11PM
Unify has announced the expansion of its modernisation and migration portfolio through the acquisition of Canadian-based software firm CipherSoft.
The terms and fees of the deal are undisclosed - but CipherSoft will now become a fully-owned subsidiary of Unify.
CipherSoft is a leading firm dealing with the modernisation and migration of Oracle applications, having worked to address hundreds of clients needs.
Its technology allows the automatic conversion of Oracle into Java, removing human error from the translation and producing uniform business applications.
Todd Wille, chief executive officer of Unify, says Ciphersoft is a "well-run, profitable company".
"We are extremely excited to have the CipherSoft team join forces with Unify and expand our application modernisation portfolio," he adds.
Headquartered in Roseville, California, Unify provides applications development, database and migration services for organisations, focusing on the performance of applications and data vital for business.
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