Impero, a leading provider of online student safety and classroom and network management software, today announced that it has acquired Netop, an international software solutions provider to the education and corporate sectors, from Consolidated Holdings A/S.
The addition of Netop will significantly increase Impero’s scale and presence in the United States and could meaningfully increase Impero’s total and recurring revenue base. The transaction expands Impero’s market reach while diversifying its customer base by providing an entry into the corporate sector, primarily in financial services and retail.
The acquisition will allow Impero to serve customers in both education and corporate markets with a broader suite of offerings, and it will have the potential to both accelerate Impero’s product roadmap and help it realize significant additional revenue by incorporating Netop’s complementary technology into its existing portfolio. The transaction is expected to close within the next four weeks, subject to customary closing conditions.…Read More