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Enghouse Systems Acquires Capana Sweden to Expand Product Portfolio.

M2 EQUITYBITES-November 13, 2018-Enghouse Systems Acquires Capana Sweden to Expand Product Portfolio

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13 November 2018 - Canada-based enterprise software solutions provider Enghouse Systems Ltd. (TSX: ENGH) has expanded its product portfolio with the acquisition of Capana Sweden AB, an integrated software provider for wholesale billing, the company said

Terms of the transaction were not disclosed.

Enghouse said Capana's product suite is highly complementary with the Enghouse Networks portfolio and expands the Enghouse global customer base and product offerings into management of next generation wholesale revenue streams and IoT.

Enghouse Systems Ltd. serves a range of vertical markets.

Its strategy is to build a more diverse enterprise software company through strategic acquisitions and managed growth within its business sectors.

Capana Sweden AB is a software company specialised in wholesale, interconnect, roaming, broadband billing, Internet of Things and partner settlements.

Capana develops tools for handling the entire B2B/B2B2B/B2B2C billing life cycle from gathering, decoding and enhancing transaction data to aggregation and distribution for partner and end-user billing.

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Publication:M2 EquityBites (EQB)
Geographic Code:4EUSW
Date:Nov 13, 2018
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