Ideagen acquires PleaseTech
Ideagen, a UK-based information management software provider, has announced the acquisition of PleaseTech, a specialist in software solutions for collaborative authoring and review of corporate documentation.
Boasting over 180 customers worldwide, PleaseTech's PleaseReview software product is utilised by a number of high-profile pharmaceutical and biotech organisations, as well as a number of defense organisations. The company holds significant client cases in government, transport and manufacturing.
David Hornsby, CEO at Ideagen, said: "PleaseTech brings to the Group outstanding intellectual property in the form of its PleaseReview software which will complement our existing product suite, particularly helping to strengthen our position in Life Sciences.
"The acquisition will also see the integration of PleaseTech's experienced and talented workforce into the wider Ideagen Group and boosts our existing client base with the addition of over 180 new customers across a variety of industries."
PleaseReview provides a secure and collaborative platform for reviewing, co-authoring, and redaction of corporate documentation.
PleaseTech Ltd's CEO, David Cornwell, said: "Ideagen will provide the support required to take PleaseTech through the next phase of growth.
"Ideagen not only has our required profile for taking us to the next level, it has the necessary size and, is a complementary software business which will help the fit from a cultural perspective.
"Ideagen is not just acquiring an outstanding product in PleaseReview, but also a superb team which not only created PleaseReview but markets, sells and supports it across the globe. I am looking forward to seeing PleaseReview and the team going from strength to strength with the expanded reach and opportunities available via Ideagen."