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Compugen Inc. completes Acquisition of Metafore Technologies Inc.

Posted January 12 2016 in Announcements

Unified infrastructure establishes consistent, national solutions to Canadian business landscape.

Richmond Hill, Ontario, January 11, 2016. Compugen is pleased to announce that as of January 1st, 2016 it has successfully completed the integration of the strategic assets of Metafore Technologies Inc. initiated in October 2015.  The new organization continues to operate under the name Compugen Inc. with all customers now supported on a single, unified environment. 

Harry Zarek, Compugen’s President and CEO, said, “We appreciate the patience of our customers as we completed the transition, along with the dedication of our staff who have worked diligently to keep everything running and operational throughout the integration. While no transition is without minor impact to some, our objective of providing better, more efficient service has been at the forefront of all of our efforts.

“Our combined organization now employs over 1,500 talented individuals and is expected to generate in excess of $500M in annual revenue in 2016.

“Our vendor partners have played a significant role in both Compugen’s and Metafore’s success to date. We have been delighted with their response and support through the changes and as we enter this new phase of our history. We are excited at the strength of our enlarged technical and sales teams and the opportunity it provides us to help our customers demonstrate value within their organizations. Investing in the success of our customers, partners and our own staff, we look forward to the opportunities now available through the broadened Compugen organization.”

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