Beta Systems expands global reach with InfiniteDATA acquisition
Beta Systems has acquired InfiniteDATA to become a global contender in the workload automation (WLA) software market.
The combination brings together one of the best WLA platforms on the market – AutomateNOW! – with Beta Systems, an established player with global reach and complementary technological knowhow.
Beta Systems COO Rigas Paschaloudis, said: “Our acquisition of AutomateNOW! is a major milestone in our mission to use automation to release human potential. The market is in urgent need of a global player offering customers, partners, and employees sustainable, reliable, robust WLA solutions. This transaction is a game-changer for existing and future customers.”
InfiniteDATA CEO and Founder Miroslaw Andziak added: “Our team is devoted to bringing automation to enterprise customers worldwide. Joining forces with Beta Systems makes us stronger and accelerates our ability to scale. We are much stronger together.”
Beta Systems has indicated that AutomateNOW! will be scaled up with immediate effect and has already prepared a go-to-market strategy, portfolio alignment, and post-merger integration.
European M&A Advisor CapEQ introduced the two businesses and negotiated the sale on behalf of the shareholders of InfiniteDATA.
Partner Mark Sapsford added: “This is an exciting business combination which we expect to take the WLA market by storm. We’re thrilled to have assisted in originating, negotiating and closing a landmark transaction in this space.”