Accruent Licenses Real Estate Software

Santa Monica-based Accruent announced that it has acquired rights to license and resell real estate contract software from Lucernex Technologies. Terms were not disclosed. Lucernex software provides advanced real estate process and asset management applications. Accruent will use the software to complement its existing real estate life cycle management solution and contract management offerings. Accruent's software provides the ability for companies to view the contract commitments throughout their organizations.