Evatic, a leading software vendor within Service Management, has acquired Cranbox Ltd in the UK. Cranbox Ltd. is the owner of the Tesseract service management software product trading under the name Tesseract. Together Evatic and Tesseract will complement each other’s product portfolio and strengthen the product offering within the service management field in the market. Tesseract has its main office in High Wycombe just outside London and an US office in Reston, Virginia.

“We are extremely happy to add Tesseract to our product family” says Pål M. Rødseth, CEO of Evatic. “We have known Colin and his team for years and we believe that the two organizations will complement each other both when it comes to products, industries and geographies. The Tesseract solution with a cloud based platform will make a great addition to the Evatic software suite.”

“I believe that Tesseract is in the best hands going forward”, says Colin Brown, founder and CEO of Tesseract. “With more than 150 customers in a wide range of industries, there is very little overlap with Evatic both when it comes to customer industries and geographies, and I am confident that the product and the customers will continue to thrive under the Evatic ownership”.

Evatic is a leading European service management software company with head office in Trondheim, Norway and offices in Sweden, Germany, France, Poland and Singapore. With a global reach and more than300 customers in 30+ countries Evatic offers a brand product suite for companies that need to make their services profitable. Evatic is a private company owned by the founders and Viking Venture.

For further information, please contact:

Pål M. Rødseth, Evatic CEO, + 47 73 80 22 00, www.evatic.com