Constellation Software Inc. is a publicly owned Canadian multinational company founded in 1995. Its primary business is providing IT services and consulting through the acquisition, management, and development of vertical market software businesses. The company operates through six groups, overseeing hundreds of individual companies serving over 30 global markets. Constellation Software employs approximately 320 people and utilizes a decentralized management structure, granting significant autonomy to its subsidiary companies.
Constellation Software Inc. announced on an unspecified date that Estuary Joint Stock Company, a Vietnam-based software company, joined the company. On an unspecified date, Constellation Software Inc. also announced the acquisition of Bit Soft, a provider of integrated hospitality technology operating in Romania, Hungary, France, and Bulgaria. Bit Soft will operate under Constellation Software's Volaris Group. A separate report noted that, as of Thursday, Constellation Software Inc.’s share price had fallen approximately 17% from its peak in early May. Finally, Brian Madden, Chief Investment Officer of First Avenue Investment Counsel, listed Constellation Software among his top picks in a market outlook report released on an unspecified date.
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