Pico Buys SpryWare for Data Tools; Preps Integration, International Expansion
Officials say the two companies closed the deal on March 19 for an undisclosed sum. The combined company will have a total of around 52 staff─mostly among network engineers, developers and support staff─and will combine SpryWare's technology operations in Chicago with Pico's smaller presence, and move SpryWare's small New York office into Pico's headquarters in the city. SpryWare co-founder Daniel May will leave following the transition to Pico, while co-founder Michael Kreutzjans will become a
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