In a cash-only deal announced today, Hansen Technologies, based in Australia, is to acquire Canada’s Sigma Systems for CAN$157 million. The deal took market watchers by surprise and in an exclusive interview with IoT Now, Tim Spencer, CEO of Sigma describes what led to the deal.
Global provider of catalogue-driven software, Sigma Systems, announced today that it is being acquired by Hansen Technologies for an undisclosed sum. Hansen is a specialist in billing, data management and customer care solutions for the energy, water, pay-TV, and telecommunications industries.
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