I.R.I.S. has recently signed an asset purchase agreement to acquire an Enterprise Content Management (ECM) business in Norway. The business, which was operated under the name “Save-IT”, was acquired by Software Innovation in 2007. The company is now selling it to I.R.I.S.
The transaction is expected to broaden I.R.I.S.’s sales in Norway, expand the company’s technical team in Oslo. Pierre De Muelenaere, President and CEO, I.R.I.S. Group, commented: “Mid 2008, I.R.I.S. set up a subsidiary in Oslo, Norway. The plan for I.R.I.S. Nordics was to first address the local market of professional services (law firms, accounting firms, etc.) with our successful offering based on a unique know-how and the combination of ECM and CRM tools that are optimized towards these professional services. In only one and a half year, I.R.I.S. Nordics has become the leader in this market segment: a majority of the top-ten local law firms are now I.R.I.S. clients. The plan was to then address the more global ECM demand in the industry, banks, service companies and public organizations. Here, we decided to accelerate the process by acquiring local competences and an existing customer base to become soon the reference ECM expert team in the Nordics.”
The recent agreement is part of I.R.I.S.’ ambition to become a leading specialized service provider of ECM solutions in Europe. Currently, I.R.I.S. ECM has subsidiaries in Belgium, France, Luxembourg, the Netherlands and Norway.
For further information on I.R.I.S. products, please visit www.irislink.com