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Idox Enhances Social Care Software Portfolio with Acquisition of Plianz

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Idox plc (LSE:IDOX) has announced the acquisition of Trojan Consultants Limited, operating under the brand name Plianz, a UK-based provider of software solutions for the Social Care sector. The deal, valued at up to £7.9 million, will enable Idox to integrate Plianz’s automated financial management tools designed to support vulnerable individuals. This acquisition aligns with Idox’s broader strategy to strengthen its public sector offerings, particularly in Social Care, by leveraging Plianz’s innovative technology to expand its customer base and enhance its product suite.

The move reflects Idox’s commitment to broadening its capabilities in key sectors, with a focus on addressing the evolving needs within Social Care, where effective financial management is critical for supporting vulnerable populations.

About Idox plc

Idox plc is a leading provider of information management software and geospatial data solutions, primarily catering to the public sector and asset-intensive industries. The company’s suite of solutions helps organizations optimize their operations, particularly in the management of public services and infrastructure.

  • Average Daily Trading Volume: 653,775

  • Technical Sentiment: Hold

  • Current Market Capitalization: £264.5 million

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