Release Date: 12 September 2006
Release ID: 860
Today ActSoft, Inc. announced that the company has acquired the assets of IT2ME, LLC, a successful developer of web based GPS Tracking solutions.
By combining the technologies of both companies, ActSoft, Inc. is now the only company in the Mobile Worker Management and GPS Tracking industry, with the ability to offer client based applications that work behind the firewall, and web based applications. This acquisition positions ActSoft, Inc. as the driving force in this industry with the capability of offering full featured products on both platforms.
Tom Mitchell, founder and CEO of ActSoft, Inc., stated, "As a leader in the industry, we have experienced several years of exponential growth and this acquisition allows us to continue that growth by offering the most innovative and effective features demanded by the market. The complimentary features of both companies' products will create mass appeal to a broader spectrum of clients."
Ken Goff, CEO for IT2ME, LLC states, "I am thrilled that IT2ME is uniting with ActSoft, Inc. The melding of these products is an excellent match and will allow for continued nationwide growth in the market place."
The terms of the acquisition are not disclosed.
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