Priority Software is acquiring Edea AMC for an estimated NIS 142 million

Enterprise resource planning software company Priority Software Ltd, which is jointly owned by Fortissimo Capital and TA Associates, is acquiring Israeli company Edea AMC ltd that specializes in developing software for the retail industry. The companies refused to disclose the purchase cost, but a person familiar with the deal, who spoke to Calcalist on condition of anonymity, said priority would pay Edea NIS 142 million (nearly $43 million).