Fonds de solidarité FTQ invests $7.8 mln in Fresche Legacy
Montréal-based Fresche Legacy, a legacy management platform, has secured $7.8 million in funding. The investors were the Fonds de solidarité FTQ and its regional fund in Montréal. Fresche Legacy, formerly known as Speedware, provides solutions to organizations that are seeking to modernize and extend the life of legacy applications running on IBM Power Systems. It plans to use the investment's proceeds to fuel continued organic growth. The company recently completed several acquisitions, including looksoftware in 2014 and Databorough in 2013, and sees additional opportunities in consolidation of the global modernization solutions market.
2 December 2015•3 mins read
