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The Bosch Group has acquired the software specialist inubit, based in Berlin. The agreement for the 100% acquisition of inubit stock was signed last July and has since been approved by the antitrust authorities. The purchase price was not disclosed.
inubit will initially remain a legally independent entity after the transaction has been closed. A merger with Bosch Software Innovations is planned for the medium term. The two companies will develop software products and industry-specific solutions for global applications in corporate and internet-based business models. Apart from these product solutions and cloud services, they will work with customers to implement projects and services that are specifically tailored to customers’ needs and requirements.