Wednesday, June 12, 2013

Parallax Capital Buys Software Firm Fox Technologies

Laguna Hills-based Parallax Capital, a private equity firm headed by James Hale, said this week that it has acquired Fox Technologies (FoxT), a developer of access management and governance software. Financial terms of the buy were not announced by the company. FoxT is a developer of access management tools for businesses, to help them manage access control to their applications, servers, databases, and desktops. Parallax also owns such companies as Daptiv, Computron, and Infor.

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