Nuvosoft. Inc., a provider of Web-based compensation management software, has been acquired by Plateau Systems Ltd.
Plateau offers software for developing, managing, and optimizing organizational talent.
“By offering advanced compensation capabilities with our existing best-in-class learning, performance management and career and succession planning solutions, Plateau is providing organizations with a unified approach to developing, managing, rewarding, and optimizing talent,” said Paul Sparta, chairman and CEO of Plateau, in a release.
Arlington, Virginia-based Plateau says it has offered jobs to all 12 of Nuvosoft’s employees in Waltham, Massachusetts. Those who decide to stay on with Plateau will remain in Massachusetts.
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Nuvosoft began offering services in 1998, and its customers include Nintendo, Lucent Technologies, State Street Bank, and Bose Corp.
Plateau’s clients include the American Red Cross, General Electric, the Internal Revenue Service, and NASA.
Financial terms of the deal were not disclosed.