Accruent Buys FAMIS Software

Santa Monica-based Accruent said Monday that it has acquired FAMIS Software, an Irvine-based provider of software for facilities management. Financial terms of the all-cash deal were not disclosed. According to Accruent, the combined companies will provide software that manages real estate and facilities management, from market planning to administration and operational management. The combined firm will have more than 400 active customers.