The SOFTONE Group of Companies, a member of the Olympia Group, announced the acquisition of 100% of the share capital of REGATE, a company that specializes in the field of portable technology solutions for enterprises (enterprise mobility).
With this move, the SOFTONE Group significantly expands the portfolio of solutions it offers, substantially strengthening its position in the enterprise mobility solutions market.
REGATE’s clientele includes more than 300 companies, with the company’s enterprise mobility solutions covering needs such as sales force automation, on-line pricing (EXVAN), field marketing and merchandising, asset monitoring and management (asset tracking), the recording of sales in the field, the management of technical support (field service), the management of medical visitors, the control of delivery and receipt (proof of delivery) etc.
The CEO of SOFTONE Group of Companies, Panos Martinis, said: “I welcome REGATE to the SOFTONE family. REGATE is one of the most important companies, with recognized, deep knowledge and specialization in mobile solutions, having presented a series of successful applications. “The acquisition agreement is in line with our broader, long-term strategy for developing best-in-class solutions that accelerate the digital transformation of businesses.”
“Our integration into the SOFTONE Group of Companies is a very important moment for REGATE. From 2004 when the company started its course until today, the people of REGATE have succeeded in developing innovative solutions, which are used by some of the top Now, the time has come for the next step and with the support of the SOFTONE Group, we will be able to create products and services that meet the new needs that have been created in every size business, which wants to utilize an enterprise mobility solution. “, said the founder and CEO of REGATE, George Markatatos.
The SOFTONE Group acquires all the shares of REGATE, which will continue its autonomous course. Mr. Markatatos will remain at the helm of REGATE, whose human resources will be strengthened immediately. The short-term plans include the expansion of the REGATE portfolio of solutions and the development of new applications and services in order to utilize the know-how that has been created regarding enterprise mobility. In addition, all synergies will be utilized with the other companies of the SOFTONE Group but also with the wide network of 600+ partners that it has developed in 4 countries (Greece, Cyprus, Bulgaria, Romania).
Source: Capital
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