Libeo Acquires Infoglobe: Creation of the Hardest-Hitting Free Software Team in Quebec

QUEBEC CITY, QUEBEC--(Marketwire - March 30, 2012) - The Quebec company Libéo announces the acquisition of Infoglobe, a firm recognized for its expertise in the world of free software, thus creating the hardest hitting team from this field in the entire province with more than 55 specialists.

"Infoglobe is a company with valuable and much sought-after expertise in the area of web content management systems, system infrastructures and business intelligence (BI). It therefore maintains its distinct identity while at the same time providing an ideal complement to the strengths of Libéo, which is recognized in the Web and free software sector," said Libéo's General Manager Joé Bussière at the closing of the transaction this morning.

SYNERGY

Since 2003, Infoglobe has been breaking ground in the field of free software and TYPO3, a free and open source coded content management system (CMS). "The new Bill 133* has opened the door to free software, putting us in a favourable position with our two divisions," Libéo President Jean-François Rousseau pointed out.

The acquisition of Infoglobe will allow the two teams to join forces: Infoglobe's 20 enthusiastic employees will work in collaboration with the 35 members of the team at Libéo. "This consolidation brings to the forefront a critical mass of committed leaders and will undoubtedly give new impetus to the market. Free software opens up new avenues of opportunity for a business and government clientele. This is the road to the future that we are going to develop with our colleagues at Libéo," stated Donald Gilbert, President-CEO at Infoglobe.

ABOUT LIBÉO

Founded in 1996 and based in Quebec City, Libéo has become a reference point for interactive, mobile web applications based on free software. The team is now made up of 55 enthusiastic professionals, with Jean-François Rousseau and Joé Bussière at its helm. It excels in strategic planning, conception, design, development and technological infrastructure. Libéo is a member of various associations, including VETIQ, Réseau ActionTI, Alliance numérique, AQT and APELL.

*Act respecting the governance and management of the information resources of public bodies and government enterprises - Government of Québec