ATLANTA, GA – Benchmark Consulting, a business process and application transformation company, has signed a definitive agreement to purchase Castor Technologies, an application modernization services company based in Montreal and Tampa.
Castor Technologies’ flagship product is an application modernization platform suite called IRIS (Intelligent Rejuvenator for Information Systems). It’s a set of tools designed to automate legacy application transformation and reduces the overall migration effort.
After the acquisition, Castor Technologies CEO Stéphan Bérubé will become the President of Benchmark Consulting Canada and will be responsible for all aspects of Canadian operational policies and objectives.
“Today, we are combining two successful businesses to create a powerful portfolio of application modernization services,” said Bill Weaver, Benchmark Consulting CEO. “Together, they will help customers cut their application transformation costs, speed the delivery of services and drive profitable growth at Benchmark Consulting. We expect this important acquisition to deliver significant value for our shareholders and clients.”
Benchmark Consulting, which has headquarters in Atlanta, GA, and offices in Tampa, Montreal, and Vancouver, offers technology-based services, such as software development and implementation, as well as consulting, planning, and portfolio management, to businesses in the telecommunications, healthcare, government, and insurance industries.
www.benchmarkconsulting.com
Southeast Venture Conference, February 29 – March 1, 2012 at the Ritz Carlton in Tysons Corner, VA – Where Smart Money Meets Smart People.
www.seventure.org
© 2006, TechJournal South. All rights reserved.



