Belfast-based sofware services firm Asidua acquired by Civica

Acquisition a “positive development” for Asidua’s 130 employees according to CEO

Asidua, the Belfast headquartered IT software services company that employs 130 people, has been acquired by London based public sector specialist Civica.

No financial details of the deal, which was announced on Tuesday, have been disclosed so far.

The Belfast company, which was formed in 2002 from a management buy-out, will become part of the Civica group which employs 2,100 people at 30 locations throughout the world.

In 2013 Civica, which chiefly provides systems and business process services for the public sector in the UK, Australia, New Zealand and the United States, reported revenues of £213 million.

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Asidua also specialises in providing integration, software and consultancy services to government and the private sector.

Simon Downing, chief executive of Civica, said Asidua's complimentary expertise would help to expand the group's capabilities.

“The company brings market-leading expertise which broadens our support to customers at an important time in the market.

“In line with our strategy to help customers transform the way they work, the combined business is very well placed to respond to the needs of customers, in particular as they seek to deliver major service and financial improvements through digital transformation.”

The acquisition is also a "positive development" for Asidua's 130 employees according to its chief executive Steve Brankin.

“As part of Civica, Asidua will benefit from the group’s existing scale of operations. We have achieved good momentum and we look forward to building on our joint strengths and vision in order to deliver increasing value to customers,” he said.

Francess McDonnell

Francess McDonnell

Francess McDonnell is a contributor to The Irish Times specialising in business