IQGeo acquires Comsof for €13m

Geospatial software provider IQGeo has acquired Comsof and its fibre optic network automated planning and design software for a total consideration of up to €13m.

The purchase of Comsof will accelerate IQGeo’s ability to capture global market share, the company said. 

Raf Meersman, the current CEO of Comsof, will remain with the business and join the IQGeo Executive Management Team. IQGeo says “all the existing Comsof employees” will join its company.

Meersman said: “The Comsof software will continue to be offered as an independent solution, supporting existing customers and channel partners.”