VOSS Solutions has acquired data analytics and monitoring software firm LayerX Technologies.
The acquisition forms an “important” part of VOSS’ growth strategy and was made to support the accelerated business transformation journeys customers are undertaking as a result of the massive shift in employee working practices over the past two years.
The addition of LayerX will see VOSS extend its UC and collaboration automation management expertise across the full lifecycle of collaboration platforms – from discovery and migration, across orchestration and fulfillment, through to performance monitoring, management, analytics, and reporting.
“Our customers are all focused on ongoing business transformation journeys as they strive to enable their staff to work collaboratively and efficiently from any location, with a positive end user experience,” stated Mike Frayne, CEO at VOSS Solutions.
“The acquisition of LayerX extends our automation management and intelligence expertise across the lifecycle of the digital workplace, making it incredibly easy for our customers to manage their entire collaboration estate from a single platform and partner”
"Additionally, we are thrilled to continue our partnership with our existing shareholders and specifically Verdane and Claret Capital. Our investment partners have been extremely supportive throughout the deal and have the experience and track record to support and help accelerate our growth."
VOSS also raised $15m from existing investors and shareholders to complete this acquisition and to position itself for further growth and expansion. The growth funding was led by Northern European growth equity investor Verdane, coupled with new investment capital from Claret Capital Partners and additional support from existing investors Vodafone Ventures and Fonciére Georges Mignon NV.
Jeff Graham, CEO at LayerX Technologies, added: “LayerX and VOSS are aligned in our vision for the future of the digital workplace. We believe that coupling high levels of automation with actionable intelligence will unlock the greatest benefits for our customers, leading to highly efficient, intelligently managed collaboration platforms.”
Emanuel Johnsson, Partner at Verdane, said:
