4/21/2006 M &
A
Hansen acquires asset
management firm Spear Technologies
Hansen Information Technologies recently
acquired Spear Technologies Inc., which provides asset
management solutions for the public transit industry. Terms
weren't disclosed.
Spear Technologies will become
Hansen’s new Transit and Rail Business Unit and support its
own dedicated global sales, product management, project
delivery, application development and training
resources.
“The addition of Spear to our portfolio
expands Hansen’s ability to integrate, streamline and manage
the design, permitting, construction, operation, maintenance,
rehabilitation and revenue cycle of public sector assets,”
said Hansen Chairman and Chief Executive Officer Chuck Hansen
in a prepared statement.
Hansen provides software
designed to help manage government transactions.
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