Reading, UK – September 6, 2017 – Atex is pleased to announce Vela Software, operating group of Constellation Software Inc. as the new owner of Atex. Vela is a subsidiary of Constellation Software Inc. (CSI), a Canadian company with headquarters in Toronto and traded on Toronto Stock Exchange. CSI holds a portfolio of different software companies throughout the world, and Atex will be their first investment in a company serving the media industry.
John Billowits, CEO of Vela, commented on the acquisition “We are pleased to welcome the employees and customers of Atex to Vela. Atex represents our first investment in the media sector and we are excited by the opportunity to build on the new products and services that they have invested in.”
Anders Christiansen, CEO of Atex, about the new owner: “I am pleased to welcome CSI as our new owner. We share a common view on the potential of the media industry where focus on new technology and strong service offerings will help media companies with their digital transition. We look forward to developing and delivering great software solutions to new and existing customers around the world.”
Atex will continue to operate as a separate business with the existing Atex management team in place.