Thursday, February 02, 2012
Lake Oswego-based compliance software maker EthicsPoint has been sold to a private equity firm.
Terms of the deal were not disclosed. EthicsPoint, a privately held company with about $30 million in sales last year, has almost 200 employees, all but three of them in Lake Oswego.
No decision has been made as to where the combined company will be headquartered or whether there is any overlap that would result in layoffs, according to Simmi Singh Corcoran, an EthicsPoint spokeswoman.
Read more at OregonLive.com.