© Supplied photo
Harold Dyck, former CEO of Silect Software.
Silect will take on BridgeWays’ branding after moving into BridgeWays’ local branch on Legget Drive later this month, and the total team will consist of about 25 employees.
Financial terms of the transaction were not disclosed.
Harold Dyck, former CEO of Silect and now general manager and vice-president for BridgeWays Canada, said the merger will allow both companies to raise their profiles in Ottawa.
“There’s so many good things about this merger,” he said. “The fact that we’re now part of a bigger organization that has more clout in the market and that plans to aggressively expand its sales and marketing, we now have access to a larger pool of resources and we’ll be able to get in front of more customers.”
The expanded local branch of BridgeWays will likely hire new employees in the coming months, but details have yet to be determined, Mr. Dyck said.
BridgeWays, a privately held IT firm, opened up a Kanata research and development facility in January 2012. Now, its Ottawa office is where all the company’s R&D is conducted.
“Ottawa is obviously a great place to build technology,” Mr. Dyck said. “I think BridgeWays sees Ottawa as a strategic centre for not only R&D work but other elements including sales.”
Both companies develop software for Microsoft System Centre, an integrated management platform. The merger allows BridgeWays to expand its product portfolio for enterprise customers and partners using the Microsoft platform, the company stated in a release.
BridgeWays has offices in New York, Ottawa and Mumbai, with sales and support worldwide.