Harris Computer Systems (Constellation Software) acquires Cognera
Apr 06, 2012 (Datamonitor Financial Deals Tracker via COMTEX) -- Constellation Software, Inc., through its wholly-owned subsidiary Harris Computer Systems, Inc., has acquired Cognera Corporation, a provider of billing, business intelligence and information solutions, from ENTx Capital Corporation, an investment company. All the entities are based in Canada.
Constellation is a provider of software and services, while Harris Computer is a provider of financial management and customer information systems (CIS) software solution.
Pursuant to the transaction, Cognera will become a business unit within the Harris Utilities Group and will continue to focus on providing a better level of customer engagement including industry and regulatory expertise to its customers from its base in Calgary.
Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Completed: 2012-04-05 Deal Participants Target (Company) Cognera Corporation Acquirer (Company) Harris Computer Systems, Inc.
Deal Rationale The acquisition will allow Harris Computer to strengthen its existing portfolio.