Bond International Software Acquires VCG
October 22, 2010 – Recruitment software provider Bond International Software has acquired VCG, a U.S.-based staffing and recruiting software developer, at a cost of $9 million. The merger allows Bond to secure an important additional portion of the U.S. market. Customers of both companies will be able to take advantage of the combined portfolio of products, expertise and available support. “Clearly this acquisition is an exciting moment in our company's history and will allow us to secure ourselves a highly enviable position in the staffing software market, from both a U.S. perspective and internationally,” said Steve Russell, CEO of Bond International Software. “The clear synergies between the two companies and their respective offerings provide us with the confidence that no changes to brands, products, company structure or delivery of the products are required — clearly a huge advantage in any acquisition.”