valsoftis a company specializing in the acquisition and development of vertical market software businesses based in Montreal, Canada. freecon software GmbHis a German company that provides DMS business solutions to automotive retailers and manufacturers.
The transaction amount was not disclosed.
With the introduction of FILAKS.PLUS in 2008, Freicon software solutions were able to establish themselves on the automotive market. Over time, the company has developed his FILAKS.PLUS into his DMS for passenger and commercial vehicles as well as caravans of various brands. Today Freicon uses FILAKS.PLUS as a cross-border European wide industrial solution for trading and service companies of various manufacturers in the automotive industry in Germany, Switzerland, Austria, France and Italy.
Valsoft Corporation acquires and develops vertical market software companies that enable each company to provide solutions to customers in their industry or niche.