Enghouse Systems Acquires Reitek S.p.A.
MARKHAM, ONTARIO and MILAN, ITALY (May 8, 2015) – Enghouse Systems Limited (TSX:ESL) announced today it has acquired Reitek S.p.A. for a purchase price of approximately C$6.2 million, subject to certain price adjustments.
Based in Milan, Italy, Reitek is a leading provider of omni-channel contact center solutions for enterprises of all sizes including multinational corporations, mostly serving the Italian market. Reitek’s products are delivered both on premise and in the cloud and are distributed through a reseller channel. Its solutions focus on sales and marketing automation and are enhanced by their Vivocha technology, which allows websites to easily integrate multi-media interactions with customers.
“Reitek significantly expands our presence in Italy, which was established through our IT Sonix acquisition. Reitek is well positioned to successfully address the contact center requirements of this market. We plan to leverage this opportunity and further penetrate the market” said Steve Sadler, Chairman and CEO of Enghouse. “We are pleased to welcome Reitek’s employees, customers and partners to our company.”
“We are delighted to be part of Enghouse, and look forward to contributing to its success” said Daniele Barki, CEO of Reitek. “Joining Enghouse, a leading provider in the customer engagement space, bodes well for Reitek’s future.”
About Enghouse Systems Limited
Enghouse Systems Limited is a leading global provider of enterprise software solutions serving a variety of vertical markets. Its strategy is to build a larger and more diverse enterprise software company through strategic acquisitions and managed growth within its business segments: Contact Center, Networks (OSS/BSS) and Transportation/Public Safety. Enghouse shares are listed on the Toronto Stock Exchange (TSX:ESL). Further information about Enghouse may be obtained from its website at www.enghouse.com.
About Reitek S.p.A.
Founded in 1990, Reitek designs and develops integrated, omni-channel contact center software products for small, medium or large organizations. The solutions can be deployed both on premise and in the cloud. The company is based in Milan, Italy.
Enghouse Systems Limited
VP, Corporate Development