Acturis buys Zycomp Systems in Canada

Canadian flag

Move follows the software house's expansion into the German market.

Acturis Group has bought Zycomp Systems in Canada for an undisclosed sum.

The software house stated that the deal will give it a “significant presence” in Canada and the Caribbean.

According to Acturis, it has also started deploying its platform in the Canadian market. It added that Zycomp’s broker system, Power Broker, has a market share of around 30% in Canada.

The software house explained that Zycomp’s founders and management team will continue to have full time involvement in the group.

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