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Primavera Buys a Pair of Companies

Friday, December 15, 2006 6:00:00 AM PDT | VentureDeal Staff

BALA CYNWYD, PA  --  IT planning and control software maker Primavera acquired two companies concurrently: ProSight Software of Portland, OR and UK-based Pertmaster Ltd.

ProSight is a developer of software that allows companies to prioritize their IT projects by projected return on investment.  Pertmaster makes software that helps to assess the risk of IT projects.

Privately-held Primavera plans to retain the vast majority of employees in both companies and to keep their field offices open.

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