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CADMATIC acquires Finnish software company Kymdata and CADS software

Elomatic group company CADMATIC Ltd has acquired Finnish software company Kymdata Ltd. The strategic acquisition expands CADMATIC's product portfolio and includes the entire share capital as well as IPRs to all Kymdata’s CADS software and its business agreements. The acquisition increases CADMATIC’s estimated turnover to EUR 28 million. With the addition of Kymdata’s 43 employees, CADMATIC will employ over 200 persons.