Listed technology group EOH has announced the acquisition of 100% of Sybrin, a developer of software for the financial services and other industry sectors\u00a0for an undisclosed sum.<\/p>\n
Some of Sybrin\u2019s products include workflow software, payment, imaging and document management solutions.<\/p>\n
Sybrin employs over 150 people and has completed over 400 product implementations across four industry verticals with a core focus on financial services.<\/p>\n
Sybrin is headquartered in South Africa and has regional offices in Kenya, Zimbabwe, Zambia, Tanzania Rwanda and Mozambique and works across 17 African Countries, Europe and the Middle East.<\/p>\n
“Sybrin is a great fit into our existing strategy which includes stronger vertical focus and aggressive African expansion,” said\u00a0Asher Bohbot CEO of EOH.<\/p>\n
\u201cSybrin already partners with many of our existing technology partners and in turn will add to strengthening these relationships and our combined value propositions going forward,” he said.<\/p>\n
EOH lifts earnings by 40%<\/strong><\/a><\/p>\n EOH interim earnings boosted by aquistions<\/strong><\/a><\/p>\n EOH points to stronger earnings<\/strong><\/a><\/p>\n