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Jobs saved after management buyout at Viasys
09:13, 11 August 2010
updated: 09:13, 11 August 2010
Fourteen jobs have been saved after the management buy-out of a Kent software company.
Industry supply chain sofware provider Viasys, based at Kings Hill, West Malling, has been acquired by Korecentric. The take-over involved former Viasys management and external investors.
The company would otherwise have been sold, putting the workforce of 14 at risk.
Korecentric, which is a member of oil, gas, nuclear and offshore wind sector business development organisation, NOF Energy, has retained key development, sales and support staff who, it says, bring vast experience of project-based procurement and contract management software to the company.
A statement from Korecentric said the company would be launching a range of new software products.
Zack Hodge, Korecentric managing director, said: "The acquisition gives us the opportunity and flexibility to explore new ways to service existing and future clients in this niche sector.
"We will continue to support the existing client base and look to bring exciting new software products to market, using the latest development technologies to provide the future proofing our customers demand."