Talaris Acquires Connectivity Provider LutzWOLF Systems
Talaris, a cash management solutions provider, has fully acquired Lutzwolf Systems. Lutzwolf, based in Frankfurt, Germany, is an independent software development, support and consulting company providing multi-vendor connectivity solutions to the banking and retail industry worldwide.
The existing partnership between the two companies has already seen the successful joint development of CashInsight Assure, an enhanced teller automation connectivity solution that is exclusively marketed and distributed by Talaris. CashInsight Assure uses the Lutzwolf DeviceController software which is 100% platform independent and built on the J/XFS standard. Talaris currently distributes the DeviceController software globally, with exclusivity in the US and Canada.
This acquisition signifies the ongoing strength of the partnership and Talaris’ commitment to providing solutions which deliver measurable business value to customers. Lutzwolf will continue to operate as an independent software house.
Lutz Wolf, founder and managing director of LutzWOLF, said: “We are very excited to be joining the Talaris team. Both companies have worked closely together for many years and this new development will strengthen our partnership and allow us both to provide an enhanced, market leading offering to our customers.”