Axeda Buys Questra

Wade Roush12/16/08

Foxborough, MA-based Axeda announced today that it has acquired Questra of Redwood City, CA. Both companies make software-as-a-service systems that allow software administrators to remotely upgrade and service enterprise IT systems and software. The terms of the acquisition were not published.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @