Alyne apparently taken over

The US company Miratech will now include the start-up's products in its portfolio.

The Munich-based start-up Alyne has grown to over 50 employees and 100 customers since it was founded in 2015. It has now been acquired by the US technology group Miratech. The price was not initially disclosed. Miratech offers software for companies' legal and compliance departments. Alyne is active in a similar field. The start-up wants to use its technology to help organizations that need to overcome challenges in cyber security, risk management and regulatory compliance.

Miratech now wants to complement its offering with that of Alyne. "Bringing Alyne and Mitratech together will provide the legal, risk and compliance industry with a ground-breaking solution. There is an increasing overlap between legal and compliance issues, so there is a real need for an intelligent platform that enables cross-discipline integration and monitoring," says Miratech CEO Mike Williams.