Chippenham-based specialist software group SciSys has acquired German firm MakaluMedia Internet & Engineering Services, which provides software engineering and consultancy to the European space industry, for €2.32m (£1.87m).
SciSys, which has its roots in the European space sector, said the acquisition will enhance its already strong franchise in the industry by adding to its order book and strengthening its customer base.
MakaluMedia will be integrated into SciSys’ pan-European space division and will support its existing operations based in the German city of Darmstadt.
The German space market is expected to be the most buoyant part of European space market in coming years.
SciSys chairman Mike Love said: “The acquisition is in line with our stated strategy to accelerate growth through appropriate acquisitions. The MakaluMedia business is well known by SciSys and brings a high level of complementary technical capabilities while broadening the existing SciSys skill set and customer base.”
SciSys employs nearly 430 people and supplies software, IT and support services to the media broadcast, space, government and defence, and environment sectors.