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SOFTONE Group acquires REGATE, strengthening its position in the enterprise mobility market
SOFTONE Group, a leading group of business software companies, announces the acquisition of 100% of REGATE’s share capital, a company that specializes in enterprise mobility solutions.
This investment expands the portfolio of SOFTONE’s solutions, significantly strengthening its position in the enterprise mobility market, with REGATE being one of the leading companies in the EM market. REGATE holds a significant client base of prominent companies in Greece and in international markets. Its product portfolio includes a series of business mobility solutions such as sales force automation, EXVAN, field marketing and merchandising, asset tracking and management, field sales management, field service management, medical sales management, proof of delivery, etc.
“I welcome REGATE to the SOFTONE family. REGATE is one of the most renowned companies in the field, with proven in-depth knowledge and expertise in mobile solutions, and a series of successful client cases. This acquisition is in line with our growth objectives and long-term strategy of developing best-in-class solutions that address the digital transformation needs of any business.”, said Panos Martinis, CEO of SOFTONE Group.
“Becoming a member of the SOFTONE Group of Companies is a major milestone for REGATE. Since 2004 when it started its operation, REGATE’s people have successfully developed innovative solutions, which are used by some of the leading companies in the country. Now, the time has come for the next step, and together with SOFTONE’s support, we will be able to develop products and services that fully meet the emerging needs of any business that aspires to utilize enterprise mobility solutions, regardless of its size.”, stated REGATE’s founder and CEO, George Markatatos.
SOFTONE Group acquires all shares of REGATE, while the company will continue to operate autonomously. Mr. Markatatos will continue to serve as CEO of REGATE and the company’s human resources will be significantly strengthened. The short-term plans include the expansion of REGATE’s existing solutions portfolio as well as the development of new mobile applications, utilizing its in depth know-how and expertise in the enterprise mobility market. In addition, synergies will be explored with the rest companies of the Group, as well as the wide network of its 600+ partners in 4 countries (Greece, Cyprus, Bulgaria, Romania).