ClickSoftware Technologies Ltd., a business software company with offices in Burlington and Israel, said in a Tuesday press release that it has agreed to buy Xora Inc. of California for about $14.7 million in cash.
Xora, whose partners include Verizon, AT&T, and Sprint, specializes in cloud-based systems for managing mobile workers. When completed, the transaction will broaden the range of complementary services that ClickSoftware can offer to its customers.
“By combining ClickSoftware’s sophisticated, highly configurable offerings for the large and higher end of the mid-size enterprise market with Xora’s suite of configurable, ready-to-use solutions for the lower end of the mid-size and small business market, we achieve the strategic objective to offer a complete portfolio of best-in-class mobile apps for all business roles, in all size companies, in all industry verticals,” ClickSoftware founder and chief executive Moshe BenBassat said in a statement. “Xora’s extensive and long term experience selling packaged apps through the wireless carriers like AT&T, Verizon, and Sprint considerably expands our distribution channels.”