Real-estate software and data firm VTS has agreed to acquire an app company that aims to simplify office life as more workers are heading back to thei

App Deal Highlights a Push to Lure Workers Back Into Offices

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2021-10-19 14:00:17

Real-estate software and data firm VTS has agreed to acquire an app company that aims to simplify office life as more workers are heading back to their desks.

VTS, whose primary business is providing online tools to landlords for managing leases and tenant data, said it is buying Toronto-based Lane Technologies Inc. The price is about $200 million, according to people familiar with the matter, making it one of the largest proptech acquisitions ever.

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