Alithya Welcomes Askida to Its Family and Widens Its Offering of Advanced Application Development and Software Quality Assurance

February 10, 2020

Alithya Group inc. is proud to announce the acquisition of the Askida group of companies.

Askida is a firm specializing in software quality assurance and application development and modernization. Over the past twenty years, the firm of some 110 professionals, operating in Quebec and Ontario, has developed a solid reputation for supporting major clients in the delivery of critical business solutions. The company collaborates with numerous companies and innovative institutions looking to optimize their systems and improve their performance. Askida’s proven successes include the development of mobile or web applications, the modernization of legacy systems, and the creation of open source software or commercial software packages.

“I’m very proud to welcome more than 110 Askida experts to our ranks,” says Paul Raymond, President and CEO of Alithya. Their expertise in application development is very complementary to that of Alithya, and our corporate cultures are similar. They also bring additional expertise in software quality assurance, which will allow us to develop new markets. Their Askida CT software solution, which automates continuous testing, will be a definite asset that will allow us to better serve our customers.”

“One of the values dearest to Alithya is the quality of the business relationships that we share with our customers. At Askida, we see the same desire to develop long-term ties through the attainment of intimate knowledge of the operations and characteristics of each client. It is that approach that enables us to deliver unique added value during each of our interventions. We’re confident that the addition of 110 experts from Askida will allow us to continue to demonstrate why we are trusted advisors in matters of strategic consulting and digital transformation,” concluded Mr. Raymond.

“We’re very pleased to have found the business partner that we’ve been looking for in order to extend our expertise to a much larger client base, and to offer greater challenges to our employees,” adds Steeve Duchesne, President of Askida. Alithya views the evolution of our industry through the same lens as we do, and attaches equal importance to the professional development of its employees. In partnering with a firm of Alithya’s caliber, today marks a milestone in our history that will allow us to grow at all levels, and to continue to distinguish ourselves through the importance of efficiency, quality, and customer appreciation that we attach to our solutions.”

Askida’s many achievements have made the firm a key partner for its customers, comprised equally of multinationals and medium-sized companies operating in the financial services, telecommunications, and energy sectors, where Alithya is omnipresent.

The purchase consideration for the transaction amounts to $16 million, payable in Class A subordinate voting shares and cash, with a portion paid at closing and the balance at future dates. Askida’s revenue for the 2019 fiscal year is approximately $13 million. The transaction will immediately contribute to Alithya’s profitability.

Source

Related Articles


Changing Scene

  • Wesco Opens State-of-the-Art Facility in Eastern Canada to Support Influx of Megaprojects in the Region

    Wesco Opens State-of-the-Art Facility in Eastern Canada to Support Influx of Megaprojects in the Region

    Wesco International has recently announced the grand opening of a new state-of-the-art facility on Higney Avenue in Dartmouth, Nova Scotia, Canada, making this the largest facility of any distributor in the Atlantic region. The new building, facilitated by Touchette Real Estate, a division of Groupe Touchette, will feature Wesco’s comprehensive suite of services and solutions including… Read More…

  • PataBid Nominated for Canadian Choice Award in Software Services

    PataBid Nominated for Canadian Choice Award in Software Services

    PataBid is proud to announce its nomination for a Canadian Choice Award in the Software Services category. This recognition highlights PataBid’s commitment to supporting the electrical contracting community across Canada by providing innovative estimating software solutions that streamline estimating processes and ensure predictable and profitable projects. Read More…


Sponsored Content
The Easy Way to the Industrial IoT

The way to the Industrial IoT does not have to be complicated. Whether access to valuable data is required or new, data-driven services are to be generated, Weidmuller enables its customers to go from data to value the easy way. Weidmuller’s comprehensive and cutting-edge IIoT portfolio applies to greenfield and brownfield applications. Weidmuller offers components and solutions from data acquisition, data pre-processing, data communication and data analysis.

Visit Weidmuller’s Industrial IoT Portfolio.


ADVANCED Motion Controls Takes Servo Drives to New Heights (and Depths) with FlexPro Extended Environment Product Line

Advanced Motion Controls is proud to announce the addition of six new CANopen servo drives with Extended Environment capabilities to their FlexPro line. These new drives join AMC’s existing EtherCAT Extended Environment FlexPro drives, making the FlexPro line the go-to solution for motion control applications in harsh environments.

Many motion control applications take place in conditions that are less than ideal, such as extreme temperatures, high and low pressures, shocks and vibrations, and contamination. Electronics, including servo drives, can malfunction or sustain permanent damage in these conditions.

Read More


Service Wire Co. Announces New Titles for Key Executives

Bruce Kesler and Mark Gatewood have been given new titles and responsibilities for Service Wire Co.

Bruce Kesler has assumed the role of Senior Director – Business Development. Bruce will be responsible for Service Wire’s largest strategic accounts and our growing Strategic Accounts Team.

Mark Gatewood has been promoted to the role of Vice President – Sales & Marketing. In this role, Gatewood will lead the efforts of Service Wire Company’s entire sales and marketing organization in all market verticals.

Read More


Tri-Mach Announces the Purchase of an Additional 45,000 sq ft. Facility

Tri-Mach Elmira Facility

Recently, Tri-Mach Inc. was thrilled to announce the addition of a new 45,000 sq ft. facility. Located at 285 Union St., Elmira, ON, this facility expands Tri-Mach’s capabilities, allowing them to better serve the growing needs of their customers.

Positioning for growth, this additional facility will allow Tri-Mach to continue taking on large-scale projects, enhance product performance testing, and provide equipment storage for their customers. The building will also be the new home to their Skilled Trades Centre of Excellence.

Read More


JMP Parent Company, CONVERGIX Acquires AGR Automation, Expanding Global Reach

Convergix Automation Solutions has completed the acquisition of AGR Automation (“AGR”), a UK-based provider of custom, high-performance automation design and systems integration primarily to the life sciences industry.

Following Convergix’s acquisitions of JMP Solutions in August 2021 and Classic Design in February 2022, AGR marks the third investment in Crestview’s strategy to build Convergix into a diversified automation solutions provider targeting the global $500+ billion market, with a particular focus on the $70 billion global systems integration and connectivity segments. Financial terms of the transaction were not disclosed.

Read More


Latest Articles

  • How Advanced X-Ray and AI Inspection Technologies Optimize Quality Control and Reduce Costs in SMT Manufacturing

    How Advanced X-Ray and AI Inspection Technologies Optimize Quality Control and Reduce Costs in SMT Manufacturing

    Explore how Omron’s latest X-Ray machines and AI-driven solutions are setting new standards in manufacturing efficiency and quality control. The manufacturing landscape is swiftly evolving, and Omron is at the forefront with its innovative PCB inspection machines. These systems offer profound insights into SMT production process, enhanced quality control, and can significantly reduce labor costs. Advancements… Read More…

  • KUKA Establishes New Software and Digital Business Segment

    KUKA Establishes New Software and Digital Business Segment

    Software is playing an increasingly important role in mechanical engineering. What used to be mostly solved mechanically is now done by electronics and the associated software. “With KUKA Digital, we are expanding our offering in order to position ourselves broadly for a market with strong growth potential. Our customers need products, solutions and consulting approaches to digitalize… Read More…