The Canadian tech leader Orckestra recently acquired the Copenhagen-based software company Composite. Composite is known for its highly successful Content Management System ‘Composite C1’, for which the company received the Critics Choice Award of 2014 for Best Free .NET CMS.
Composite C1 is an open-source CMS, that is currently used in over 150 countries. The open-source foundation of Composite C1 makes it accessible for a large community of web designers, who are able to freely scrutinize and improve on the software. Orckestra plans to keep this model after the integration of the two companies and will continuously provide service and support the product.
Orckestra is the leading provider of e-commerce platforms and is a gold partner of Microsoft. With the acquisition of Composite, Orckestra hopes to reduce the time-to-market for their customers, while enhancing the user experience for mid-sized and large enterprises.
“This acquisition will further improve our ability to create consistent, personalized shopping experiences that drive consumer loyalty for the brands we work with.” Says Louis Fournier, CEO of Orckestra.
The acquasition will furthermore give Orckestra a foothold in the European market, by establishing an office in Copenhagen. The CEO of Composite Oskar Lauritzen has been put in the position of partner and General Manager for Orckestra in Europe.
In Orckestras’ press release Oskar Lauritzen comments that the two companies’ combined product, will differentiate them in a landscape that is becoming more and more transactional. The full integration of the two companies will take place over the next six months.