Solution 6 Holdings (ASX: SOH), has entered into an agreement to acquire FishTech & Partners, a strategic partner, for approximately $19 million in scrip.
Fishtech, an Australian application integration middleware software and services company, is allied with Solution 6's Centrum application service provider (ASP) business.
Its offerings include FishTech's AppLink Enterprise Integrator, said to be the world's only "publish and subscribe" message broker for the 56 million worldwide users of Lotus Domino, AppLink Adaptor Factory, Web Application Portal technology and FishTech's Enterprise Information Integration (EII) framework.
Solution 6's managing director, Chris Tyler, said the acquisition was part of the company's vision to be "a smart, efficient integrator sitting on top of the best applications available to piece together these applications to deliver a total end-to-end solution".
"With our mantra, 'integrate, integrate, integrate', our acquisition of FishTech is key in acting as the middleware integration tool and web application portal solution that brings seamlessness to the solutions offered to our professional services community and their customers," Tyler said.
Fishtech's products are aimed at the enterprise application-to-application, business-to-business, and business-to-consumer integration markets. Fishtech's managing director, Nick Fish, said its AppLink range distributed critical corporate information across the extended enterprise and complemented Solution 6's direction.
"FishTech has built significant marketplace momentum for Enterprise Application Integration. Our intellectual property, experience and knowledge lends itself very well to Solution 6's ebusiness strategy, acting as the common link between the different applications in the Solution 6 ebusiness platform.
"We see the tremendous potential in supporting this ebusiness model to Solution 6's global customer base, and we are also excited to become part of Solution 6's global infrastructure and market positioning. This will fast-track the AppLink product suite to deliver substantial global opportunities." Fish said.