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Follow on Google News | Nymity Announces Acquisition of SiteSystems, a Software Development CompanyNymity announces acquisition of SiteSystems, a software development company Strategic acquisition to expand Nymity’s capability to provide software solutions to privacy management customers, tripling its capacity for development of new solutions
By: Nymity As part of the acquisition, SiteSytems CEO and founder, Oleg Lemeshko, joins the Nymity team as CTO, bringing over 15 years of experience as a leader in creative application development. “The Nymity acquisition represents a perfect synergistic fit for us. As a long-term, strategic business partner with Nymity, this represents an obvious evolution for us. I am excited to join a market leading company, whose commitment to delivering unprecedented end-user experiences is one I share,” said Mr. Lemeshko. Terry McQuay, President of Nymity Inc., said, "This strategic acquisition underscores our commitment to the privacy compliance market and our focus on strengthening our digital technology capabilities. SiteSystems brings to the table a highly specialized team and we are delighted to welcome this talent. The marriage of Nymity’s research and compliance expertise with the technology development capabilities of SiteSystems is extremely powerful and helps us to execute on our vision of providing a one-stop, authoritative solution for privacy offices in businesses anywhere in the world." Privacy offices around the world are challenged in managing the dynamic regulatory landscape within which their organizations must operate and comply. This acquisition will enable Nymity to take two of its proven software solutions, PrivaWorks (http://www.nymity.com/ The staff, as well as all business, operations, and IP of SiteSystems, will now operate and provide services as Nymity, where it will support Nymity’s existing customers. Nymity also plans to use the acquisition as a base to significantly expand its operations to more than triple its code capacity and innovation to support continued global market growth. About Nymity Nymity, a global accountability, risk, and compliance privacy solutions provider at the forefront of compliance innovation has been a leader for over 12 years. Recognized for its pioneering technologies that deliver proven research methodologies and compliance software solutions, Nymity is committed to helping organizations manage their privacy programs with value-added products and services. International organizations all over the world in the Americas, Europe, Middle East, Africa, and Asia Pacific rely on Nymity’s accountability, risk, and compliance privacy software solutions, empowering them to comply with confidence. End
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