EMiR software acquired by Commercial Software
The deal was completed on 6 May and will see ownership of the business transfer to CSL over the next two years. During this time, the next generation Software as a Service (SaaS)version of EMiR will be developed under CSL’s .Net framework. Existing EMiR users will continue to be supported with their current version of EMiR for many years to come by the teams at Solutions in IT and FHG Software.
Gary Downes, Managing Director, at EMiR Software, commented: “We have promised the next generation of EMiR on a SaaS platform to our customer base for delivery in 2024.We are delighted that the deal with CSL not only ensures that the team and resources for this new product development are available but that the established development framework and team expertise at CSL will see us deliver the next generation of EMiR.”
Geoff Perkins, Managing Director of Commercial Software Ltd, added: “We are delighted to purchase the EMiR Software brand and its associated companies. We have long searched for an established, proven software, with a loyal customer base, that we can add value to and establish as a SaaS product. We look forward to working with EMiR’s customers to ensure it continues to provide the best solution for them and provide the service and expertise they expect from such an industry-leading solution.”