Industry News: CyberMetrics Acquires American Quality Systems Inc.
CyberMetrics would not rule out additional acquisitions or strategic alliances. “While CyberMetrics is fully committed to achieving growth organically, we will continue to review and consider business opportunities which are inline with CyberMetrics’ strategic vision and provide increased economies of scale to our organization,” states Larry Bagan, CyberMetrics’ chief operating officer. The acquisition of AQS provides additional customer base for CyberMetrics to market its existing calibration, maintenance and supplier management software solutions.
“CyberMetrics’ strength of products and position within the marketplace makes the acquisition of AQS beneficial for AQS’ former customers and CyberMetrics; it’s a win-win situation,” says Bagan.