PARIS, FRANCE: Visiativ, a publisher and integrator of innovative software platforms for industrial SMEs and mid-sized companies, announced today that it has acquired Techform, a pure-player technical and commercial configuration software editor.
The acquisition was approved by the Toulouse Commercial Court, which chose Visiativ to take over all the assets and employees of Techform.
Techform, founded in 2000 by its CEO Charles Bensoussan, is a specialist in costing solutions and technical configurations for complex products. Its main software, Techform CPQ (Configure, Price, Quote), is designed to meet the needs of French industrial SMEs, Visiativ’s core target.
Techform CPQ is a patented, BPI France-certified component that enhances the Visiativ Innovation Platform’s Sales and Marketing business solution. It also connects to Visiativ’s PIM and PLM solutions to ensure data consistency and alignment from product design to sales.
The acquisition of Techform will strengthen Visiativ’s offering and create significant commercial synergies with its existing customer base. Techform has 35 employees and serves around a hundred customers and more than 24,000 users. The takeover has been welcomed by Techform’s employees and customers, reassured by Visiativ’s solidity.
The acquisition of the assets of Techform, which will be consolidated in the second half of 2023, is financed entirely in cash.
Laurent Fiard, Chairman and CEO of Visiativ, says: “TECHFORM’s proven expertise will enable us to strengthen the relevance of our Visiativ Innovation Platform offering and the digital continuum from design to manufacturing, including order configuration. We are delighted to welcome TECHFORM teams to Visiativ and be able to offer TECHFORM CPQ solutions to all our SME customers.”
Charles Bensoussan, founder and CEO of TECHFORM, comments: “I am very pleased that the Court has chosen Visiativ to take over all TECHFORM teams, enabling us to continue to provide local service to our customers, while developing the use of our software.”
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