Textura buys Latista for USD35m

Textura Corp. (NYSE: TXTR) reported it has agreed to acquire mobile-enabled solution provider Latista for cash consideration of USD35m. The deal is expected to close on or about December 2, 2013.

“Latista propels us to the forefront of the application of mobile technology to the construction industry,” said Patrick Allin, chairman and chief executive officer, Textura Corp.

Latista is the provider of mobile-enabled solutions for collaboration between the field and the office for construction firms. Globally top-ranked companies utilize our mobile enterprise software daily to reduce project costs and risks. For further information, visit www.latista.com.

Textura is a provider of collaboration and productivity tools for the construction industry. The company´s website is at www.texturacorp.com.

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