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SCISYS acquires MakaluMedia Internet & Engineering Services GmbH

SCISYS PLC, the supplier of bespoke ICT software systems, IT based business solutions and support services to the Media Broadcast, Space, Government & Defence, Environment and Applications Management sectors, is pleased to announce the acquisition of MakaluMedia Internet & Engineering Services GmbH (‘MakaluMedia’): a provider of software engineering and consultancy to the European space industry for Euro 2.32 million (the ‘Acquisition’).

The Acquisition will enhance SCISYS’ already strong franchise in the European space sector, as it will add critical mass and depth of order book. It will also further improve our customer base and, last but not least, it will strengthen SCISYS’s ability to be a prime contractor.

MakaluMedia will be integrated into SCISYS’ pan-European Space division, as to support and enhance the existing SCISYS Darmstadt operations.

Commenting, Mike Love, Chairman of SCISYS, said:

“I am pleased that we have concluded the acquisition of MakaluMedia and welcome the employees, clients and stakeholders to SCISYS. The Acquisition is in line with our stated strategy to accelerate growth through appropriate acquisitions. The MakaluMedia business is well known by SCISYS and brings a high level of complementary technical capabilities while broadening the existing SCISYS skill set and customer base. The Board is encouraged by the pipeline of opportunities in the German space market; we look forward to integrating MakaluMedia and working together to grow our business in this sector.”

For more information, see the Space area of the SCISYS website: