Home » Deal Flow

Momentum Acquires Strategic Assets From Novator Systems

Submitted by on August 11, 2011 – 9:49 am

Momentum Advanced Solutions, the digital services division of OnX Enterprise Solutions Ltd., announced today that that it has acquired certain strategic assets from Novator Systems Ltd.  According to the release, the deal was done to help expand Momentum’s eCommerce product offering, which is a core part of Novator’s business.  If you recall made another acquisition a few weeks ago which might lead to a complete acquisition of Novator in the coming months.  Earlier in the year Novator Founder Mark Fox stepped aside as Donald J. McDonald took over as CEO, while Mark continued as a Chairman of the Board.

The following two tabs change content below.

Dave Forde

Dave “The Connector” Forde has been involved in the technology industry across Canada for over 10 years in sales and marketing roles, he launched PR In Canada, and on Profectio.

Tags: , , , , , ,

Leave a comment!

Add your comment below, or trackback from your own site. You can also Comments Feed via RSS.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong> 

This is a Gravatar-enabled weblog. To get your own globally-recognized-avatar, please register at Gravatar.