Acquisitions17 Sept 2025, 02:17 pm
Softtech Engineers Ltd Acquires SoftTech Digital AG for EUR 1.1 Million
AI Summary
Softtech Engineers Ltd has approved the acquisition of Eximietas Developer Private Limited (EDPL), also known as SoftTech Digital AG, a developer and marketer of enterprise software products and solutions for digital transformation in the construction, infrastructure, and process industries. The acquisition, which is expected to be completed by December 2025, is for a cash consideration of up to EUR 1.1 million. The acquisition is part of Softtech's strategic objective of expanding its business footprint in the German market and strengthening its international operations.
Key Highlights
- Acquisition of SoftTech Digital AG for up to EUR 1.1 million
- Expansion of business footprint in the German market
- Strengthening of international operations
- Completion of acquisition expected by December 2025
- Cash consideration for the acquisition