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Loftware Acquires Prisym Id, Expands Enterprise Labeling Solutions For Medical Device And Pharmaceutical Companies

Jan 11, 2022

Acquiring Company

Loftware

Acquired Company

PRISYM ID

PortsmouthManufacturingManufacturingBiotechnologyHealth CareScience And Engineering

Description

Loftware Inc., the largest global software company specializing in Enterprise Labeling and Artwork Management solutions, today announced that it has acquired PRISYM ID, a leading provider of regulated content and label management solutions with a focus on clinical trials, medical device and pharmaceutical labeling. The acquisition expands Loftware's Enterprise Labeling solution offerings for the medical device and pharmaceutical industries while enhancing Loftware's end-to-end cloud-based labeling platform by adding advanced clinical trial labeling and regulated content management capabilities.

Quick answer

Loftware is acquiring PRISYM ID, announced January 11, 2022. Loftware is based in Portsmouth, England, United Kingdom.

How much did Loftware pay for PRISYM ID?
The deal value was not disclosed.
What does Loftware do?
Loftware is the world’s largest cloud-based Enterprise Labeling and Artwork Management provider, offering an end-to-end labeling solution platform for companies of all sizes.
Where are Loftware and PRISYM ID based?
Loftware is based in Portsmouth, England, United Kingdom.
Who are the decision-makers at Loftware?
Fundz holds 2 contacts at Loftware. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Loftware

Location

Portsmouth, England, United Kingdom

About

Loftware is the world’s largest cloud-based Enterprise Labeling and Artwork Management provider, offering an end-to-end labeling solution platform for companies of all sizes. Maintaining a global presence with offices in the US, UK, Germany, Slovenia, China, and Singapore, Loftware boasts over 35 years of expertise in solving labeling challenges. We help companies improve accuracy, traceability and compliance while improving the quality, speed, and efficiency of their labeling. As the leading global provider of Enterprise Labeling and Artwork Management, along with Clinical Trials Labeling and Content Management, Loftware enables supply chain agility, supports evolving regulations, and optimizes business operations for a wide range of industries. These include automotive, chemicals, consumer products, electronics, food & beverage, manufacturing, medical device, pharmaceuticals, retail and apparel.

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Frequently asked

Who acquired PRISYM ID?

PRISYM ID was acquired by Loftware, based in Portsmouth. The deal was reported on January 11, 2022. Loftware is the world’s largest cloud-based Enterprise Labeling and Artwork Management provider, offering an end-to-end labeling solution platform for companies of all sizes. Loftware is privately held and operates in Manufacturing.

When did Loftware acquire PRISYM ID?

Loftware's acquisition of PRISYM ID was reported on January 11, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does PRISYM ID do?

PRISYM ID provides regulated content and label management solutions designed specifically for life science companies and medical device manufacturers, improving patient safety and health outcomes whilst ensuring regulatory compliance. It is privately held, operating in Manufacturing.

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