Wolters Kluwer Legal & Regulatory has announced that it has acquired eVision Industry Software BV, a provider of industrial operational risk management (IORM) software, for US$145 million, excluding a deferred contingent consideration.
eVision serves five of the oil and gas supermajors and is expanding its services in the chemical and pharmaceutical market.
eVision will be aligned with the Enablon business unit, creating the largest software business within Wolters Kluwer’s Legal & Regulatory division. eVision and Enablon already have an active partnership in place.
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