TMCnet News
Tyler Technologies Acquires SoftCodePLANO, Texas --(Business Wire)-- Tyler Technologies (News - Alert), Inc. (NYSE: TYL) today announced that it has acquired SoftCode, a company specializing in software for managing civil processes. SoftCode was founded in 1991 and is headquartered in Marlborough, Massachusetts. SoftCode serves county sheriff departments and offers a complete civil case management solution, from court to service attempts to final execution of payments. With this acquisition, Tyler broadens its portfolio of courts and justice solutions by complementing its Odyssey® product suite. "We are pleased to add SoftCode's offerings to Tyler's portfolio and as SoftCode becomes a part of the Courts & Justice Division, we expect that Odyssey users ill gain access to sophisticated civil service capabilities in a seamless and integrated way," said Bruce Graham, president of Tyler's Courts & Justice Division. "SoftCode is a civil software market leader with whom we share many similar clients. We look forward to a long partnership with the new jurisdictions joining the Tyler family." SoftCode's founding partners, management and employees will all join Tyler's Courts & Justice division. During the coming months, SoftCode's technology and services offerings will be integrated into Tyler operations and branding. "This is an amazing opportunity for our SoftCode team to join a company that has similar values and goals," said Steve Magoun, chief executive officer at SoftCode. "Tyler Technologies brings our employees and clients the stability that comes with a large, well-established company like Tyler while maintaining our small-company agility and responsiveness. We look forward to being a part of Tyler's software solutions." About Tyler Technologies, Inc. Tyler Technologies (NYSE: TYL) is a leading provider of end-to-end information management solutions and services for local governments. Tyler partners with clients to empower the public sector - cities, counties, schools and other government entities - to become more efficient, more accessible and more responsive to the needs of citizens. Tyler's client base includes more than 11,000 local government offices in all 50 states, Canada, the Caribbean, the United Kingdom and other international locations. Forbes has named Tyler one of "America's Best Small Companies" seven times and the company has been included four times on the Barron's 400 Index, a measure of the most promising companies in America. More information about Plano-based Tyler Technologies can be found at www.tylertech.com.
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