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COINTURK FINANCE > Business > RUBICON Acquires Gentics Software to Expand eGovernment Capabilities
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RUBICON Acquires Gentics Software to Expand eGovernment Capabilities

Overview

  • RUBICON acquired Gentics to enhance eGovernment software capabilities.

  • The acquisition forms a part of RUBICON's plan for digitizing public administration.

  • Pride Capital Partners supports the acquisition with its technology investment focus.

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COINTURK FINANCE 3 months ago
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Vienna-based RUBICON has taken a significant step by acquiring Gentics Software, an Austrian company specializing in enterprise content management systems (CMS). The acquisition aims to bolster RUBICON’s eGovernment software suite, which is designed to enhance the digital capabilities of public sector interactions. This move reflects RUBICON’s dedication to developing comprehensive digital solutions tailored to the needs of government bodies and citizens alike. Pride Capital Partners, known for its focus on scalable technology investments, backed this initiative, highlighting their ongoing support for technological advancements in the DACH and Nordic regions.

Contents
What drives the acquisition?How does this impact existing partnerships?

What drives the acquisition?

The acquisition marks a pivotal moment for RUBICON as it seeks to offer a fully integrated platform for digitizing public administration processes. Gentics has been instrumental in developing essential components such as the Swiss government’s citizen portal, linking front-end interfaces with back-end systems, thus streamlining communication between citizens and authorities. RUBICON’s strategic integration of Gentics’ advanced CMS solutions is expected to create a powerful, all-in-one solution for digital public interactions.

How does this impact existing partnerships?

Pride Capital Partners, under the guidance of Lars van ‘t Hoenderdaal, has played a crucial role in this transaction. With a focus on debt-led financing solutions for non-sponsored technology companies, Pride Capital Partners continues to champion growth and acquisitions in the Benelux, DACH, and Nordic regions.

“Gentics has been a long-standing and trusted partner of RUBICON,” stated Philipp Urbach, Head of DACH at Pride Capital Partners.

The partnership is expected to open new opportunities for innovation and customer engagement.

Historically, RUBICON has focused on providing eGovernment solutions that facilitate secure digital transformation for public administrations. Its existing products, like Acta Nova and Nova Find, have been instrumental in streamlining government processes. With the addition of Gentics, the company aims to leverage their expertise to further enhance these offerings.

Gentics, as a major player in providing Enterprise CMS solutions, has collaborated with prominent organizations to deliver customized digital experiences. Their aligning with RUBICON adds new dimensions, ensuring a broader and more robust set of tools for public sector digital transformation. This partnership is poised to further deepen RUBICON’s influence in the eGovernment space, amidst evolving technological demands.

RUBICON’s move to acquire Gentics underscores its commitment to expanding its technological portfolio. Peter Grassnigg, Managing Director of RUBICON IT GmbH, expressed confidence stating,

“We are delighted to welcome Gentics, an experienced and established software company, to our group.”

This acquisition is integral to future-proofing the company’s offerings and ensuring more efficient digital transformation support for clients.

The integration of Gentics into RUBICON’s ecosystem provides a significant opportunity for both companies to align their goals toward achieving seamless eGovernment services. With a focus on scalability and user-centricity, RUBICON aims to cater more effectively to public administration needs. This development also places both companies in a strong position to innovate and respond to the growing demand for digital solutions in the public sector.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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