TietoEnator Majiq Acquired by Constellation Software

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TietoEnator Majiq, Redmond, Wash., USA, has been acquired by Constellation Software Inc., Toronto, Ont., Canada, through its wholly-owned subsidiary Constellation Homebuilders Systems (CHS). The company will be renamed Majiq, returning to a familiar name in the pulp and paper IT marketplace. All of the intellectual property, including the Elixir product, is encompassed by the transaction. The management and staff of Majiq will remain in place and the same solutions and services will be delivered to the customer base.

Steve Latham, president of Majiq, noted that the company's strategy "will remain the same with a focus on solutions for the pulp and paper industry, including Sales Order Processing (SOP) and Manufacturing Execution Systems (MES) using Elixir, Cost Management Suite (CMS), Fibre Supply (TOPS/4), and related services."