Monday, November 14, 2005

Aptuit Acquires InfoPro Solutions

Agoura Hills-based InfoPro Solutions has been acquired by a drug development tools company. Greenwich Conn-based Aptuit said it has acquired InfoPro Solutions in order to create a multi-customer, multi=site platform for tracking drug development projects. Financial terms were not disclosed, however the deal is expected to close in late 2005 or early 2006. Aptuit will acquire InfoPro Solutions facilities in Agoura, Westford, Masachussetts, Bangalore, India, and Frankfurt, Germany. The company said it will retain InfoPro Solutions' 120 employees. InfoPro Solutions provides information systems for the drug development market.