Total
0
Shares
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Constellation Software (CSU) subsidiary Harris Computer is acquiring Globys Inc
  • Harris is a global vertical market software provider and the acquisition adds telecommunication solutions to its portfolio
  • Seattle-based Globys provides digital customer experience solutions for telecom carriers in the business-to-business (B2B) domain
  • Globys will operate as an independent business unit within Harris, retaining its brand and continued leadership
  • Constellation Software is down 0.74 per cent, trading at $2,246.62 at 1:48 pm ET

Constellation Software (CSU) subsidiary Harris Computer is acquiring Globys Inc.

Harris is a global vertical market software provider based in Ottawa, and the acquisition adds telecommunication solutions to its portfolio.

Seattle-based Globys provides digital customer experience solutions for telecom carriers in the business-to-business (B2B) domain.

The Globys B2B Portal Suite offers self-service products that enable business customers to buy, manage and pay for all products, services, and devices online – wireless, wireline and Internet of Things (IoT).

Globys will operate as an independent business unit within Harris, retaining its brand and continued leadership.

“The acquisition of Globys is important for Harris because not only is it a great business with an excellent leadership team, but also provides Harris with a strong foothold in the telecommunications market including its marquee customer base across the globe. We look forward to working together to expand our portfolio in this very exciting space,” said Harris Executive Vice President Pat Shaughnessy.

Globys was founded in 2008 to help telecom service providers deliver a digital experience for their business customers.

Harris acquires vertical market software businesses, manages and builds them for the future.

Toronto-based Constellation Software is a provider of software and services to a select group of public and private sector markets.

Constellation Software is down 0.74 per cent, trading at $2,246.62 at 1:48 pm ET.

More From The Market Herald
Rogers Communications - President & CEO, Tony Staffieri

" Rogers Communications (TSX:RCI.B) appoints Tony Staffieri as President and Chief Executive Officer

Rogers Communications (RCI.B) has appointed Tony Staffieri as President and Chief Executive Officer effective immediately.

" TELUS (TSX:T) announces sale of its financial solutions business for $500 million

TELUS (T) has sold its financial solutions business to Dye & Durham for $500 million.
Rogers Communications - President and COO Home & Business Division, Robert Dépatie

" Robert Dépatie joins Rogers (TSX:RCI.A) as President and COO, Home & Business

Rogers Communications (RCI.A) has appointed Robert Dépatie as President and Chief Operating Officer of its Home & Business Division.
Shaw Communications Inc. - Executive Chair & CEO, Brad Shaw

" Shaw (TSX:SJR.A SJR.B) announces fourth quarter and full-year 2021 results

Shaw Communications (SJR.A, SJR.B) has released its fourth-quarter and full-year financial results and declared monthly dividends.