Groupmatics ‘acqui-hires’ software firm founded by former Onosys leaders

Story excerpt provided by Crain’s Cleveland Business.

Written by Chuck Soder.

Groupmatics has acquired Prototype1, a local custom software development firm that helped Groupmatics build a group ticket sales platform that’s now used by 65 clients, including several major-league sports teams.

Groupmatics described it as an “acqui-hire deal.” The transaction allowed them to hire Prototype1’s founders, Oleg Fridman and Dave Hurt, and their staff of seven developers.

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Originally published October 6, 2016.