GERMANY – Valsoft, a Montreal, Canada-based company specializing in the acquisition and development of vertical market software businesses, acquired Freicon Software GmbH, a German company that offers DMS business solutions to automotive retailers and manufacturers.
The amount of the deal was not disclosed.Already with the introduction of FILAKS.PLUS in 2008, the Freicon software solution was able to establish itself in the vehicle market. Over time, the company developed FILAKS.PLUS into a DMS for passenger cars and commercial vehicles as well as caravans of different brands. Today, Freicon uses its FILAKS.PLUS as a European wide industry solution across borders for various manufacturers in the automotive industry in Germany, Switzerland, Austria, France and Italy by trading and service companies.Valsoft Corporation acquires and develops vertical market software companies through which each business can deliver solutions for customers in their respective industry or niche. 24/01/2023
