Recruitment software provider Microdec has signed an agreement to acquire web-based information systems provider Cognisoft.

Microdec says both companies will benefit from synergies across product lines and markets and enable both firms to strengthen the reach of their solutions in the market.

Cognisoft will operate as a standalone unit under the name ‘Cognisoft, a Microdec Company’, while its management team will continue to run the business with Microdec’s directors joining the Cognisoft board. The managing director will be Clive Seagers, the current managing director of Microdec.