Sword Acquires Risk Management Software Vendor Active Risk
Luxembourg, August 29 2013
Sword Group today announced that it has acquired award-winning risk management application software vendor Active Risk.
Jacques Mottard, Sword Group Executive Chairman said, “I am pleased to welcome Active Risk to the growing Sword Group. This acquisition provides many synergies and opportunities for Sword in its global expansion plans and offers an enhanced, comprehensive product and services portfolio to customers. Active Risk has offices in USA, UK and Australia, strong partnerships in the Middle East and a blue-chip customer base which includes Rio Tinto, Bechtel, EADS, Eurocopter, Nestle, US Air Force, Lockheed Martin and London Underground. We look forward to fully integrating Active Risk into Sword Group over the coming months.”
Tony Allen, CEO Sword Software said, “Active Risk and its award-winning risk management software Active Risk Manager (ARM) will be integrated into Sword’s Software division. This offers some exciting possibilities for customers as we bring Sword’s Achiever GRC solution together with Active Risk Manager, the pre-eminent project and enterprise risk management software.”
Active Risk will now be known as Sword ARM and its web site will be www.sword-arm.com.
For more information on Sword Group and the acquisition visit www.sword-group.com.
About Sword ARM
Sword ARM makes risk management simple, valuable and personal. Sword ARM is the world’s first risk management software that drives business performance by enhancing visibility, accountability and confidence at project, program and enterprise levels. Sword ARM integrates Risk Management, Cost Management and Schedule Management to show the real impact of risks, support better-informed decisions and create competitive advantage.
Sword ARM is the enterprise and project risk software of choice for the world’s leading Energy & Mining, Infrastructure and Defense projects, and is trusted by organizations such as the US Air Force, Bechtel, Crossrail, US Federal Aviation Administration, EADS, Lockheed Martin, Rio Tinto and Skanska.
For further information and a detailed view of Sword ARM’s products and services visit www.sword-arm.com or call +44 (0)1628 582500 (EMEA/Asia Pacific), +1 703 673 9580 (Americas) or +61 2 9037 0150 (Australia).
About Sword Group
Sword is an NYSE/Euronext (NYSE: SWP) traded holding company for an IT services and technology group which specializes in the provision of software and value-added advisory and integration services to highly regulated industries. Sword is headquartered in Luxembourg but operates in 15 jurisdictions globally and has in excess of 1,000 employees.
Sword Group focuses on customers operating in the aerospace & defence, energy & mining, transportation, infrastructure, healthcare, insurance, banking, and telecommunication sectors and to international and government organizations.
1,112 staff after acquisition
Euronext Paris - Compartment C
ISIN Code: FR0004180578
ICB: 9530 Software & Computer Services
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CAC® Mid & Small
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