Mediagrif closes acquisition of Fondaction backed Orckestra

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By Ted Liu

Mediagrif Interactive Technologies Inc. (TSX: MDF) has closed previously announced acquisition of substantially all of the assets of Orckestra Inc., a provider of digital unified and omnichannel commerce solutions for the retail and manufacturing industry.

Financial terms remain undisclosed.

Orckestra had raised $20 million in Series A and B rounds of financing from Fondaction CSN, Fonds de solidarité FTQ, W Investments.

photo credit: Orckestra