Situation management software provider Orsus has acquired Ireland-based Cinario, Ltd., a provider of intelligent operational risk management systems. The acquisition expands Orsus’ reach in the United Kingdom. Orsus says it is working towards migrating Cinario’s existing customer base from the Cinario Enterprise Manager software–a workflow management, integration and monitoring solution–to Situator. Orsus also says that it has raised additional funds from its current investors to help strengthen its U.S. business and expand business in the U.K., South Africa and Europe, and to invest research and development in Situator.
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