French software firm Axway acquires Vordel

French software firm Axway has acquired Dublin-based Vordel for an undisclosed amount.

8th November, 2012

French software firm Axway has acquired Dublin-based Vordel for an undisclosed amount.

Vordel, which was founded by Vic Morris, enables enterprises to deliver APIs to cloud and mobile. Axway said the transaction will be funded through its existing bank credit line. It said that the acquisition is expected to be accretive to Axway within the first year and it expects revenue synergies from the deal.

"I am delighted that Vordel is to become part of...

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