Accelrys Inc. Bags Irish Software Developer QUMAS for $50 Million
Published: Dec 11, 2013
San Diego scientific software developer Accelrys (NASDAQ: ACCL) says it has paid about $50 million in cash to acquire Qumas, an Irish specialist in compliance and quality management software.
The aquisition marks the fifth deal for Accelrys over the past two years, beginning with its $35 million buyout of Hopkinton, MA-based VelQuest and $30 million acquisition of Lafayette, CO-based Aegis Analytical Corp. in 2012. Accelrys bought the Swiss biosciences software company Vialis for $5 million and Fairfield, CA-based ChemSW for $15.3 million earlier this year.
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