Prometheus Group Acquires VIZIYA from Quarterhill to Diversify Customer Composition.

MANews-(C)2009-2020

US-based asset management operations and optimisation software company Prometheus Group has acquired Canada-based VIZIYA, a developer of enterprise asset management software, from Quarterhill Inc. (TSX: QTRH) to extend global research and customer universe, the company said.

Terms of the transaction were not disclosed.

Prometheus said VIZIYA's expertise in the Oracle and Infor ecosystems will allow the company to branch into new territory and further diversify customer composition.

Genstar acquired Prometheus Group in 2019 for over USD 1bn and VIZIYA represents the fourth completed acquisition since Genstar's investment.

VIZIYA designs and develops bolt-on software products for its marquee customer base to enhance enterprise...

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