Swedish Education Software Company IST International Software Trading AB Acquires Matcheroo

VAXJO, Sweden--(BUSINESS WIRE)--IST International Software Trading AB, a leading Nordic vendor of task centric IT solutions for schools and for education announced that it has acquired Matcheroo, a Palo Alto, California based company. Matcheroo is a pioneer and early developer of now highly popular software that enables college students and alumni to network with each other.

“Our goal is to deliver the school environment innovative IT solutions that streamline administration and increase communication both inside and outside the school. We expect to use the Matcheroo software platform to enhance the communication between students, teachers, administration and the parents”

IST provides complete and tailored solutions for enhancing school administration, educational programs and interaction between students, teachers and parents. “Our goal is to deliver the school environment innovative IT solutions that streamline administration and increase communication both inside and outside the school. We expect to use the Matcheroo software platform to enhance the communication between students, teachers, administration and the parents,” said Carl-Martin Lanér, Managing Director for IST.

“I am pleased that the Matcheroo software platform will be targeted to serve the needs of the education community to enhance communication and networking in schools,” said Sunil K. Rao, Founder and CEO of Matcheroo.

“We are extremely pleased that Sunil Rao will join the IST Advisory Board. Sunil brings a unique perspective on the needs of education with his past experience on the Palo Alto School Board as a student representative from Gunn High School, his degrees from MIT and his continuing graduate education at Stanford,” said Carl-Martin Lanér

IST International Software Trading AB is the leading specialist in IT solutions for education in the Nordic region. IST is fully focused on developing flexible and borderless solutions for effective communication in schools and childcare. So far more than 400 Nordic local governments and more than 1.5 million users have chosen to cooperate with IST. IST recently opened an office in Santa Maria, California to serve the US market and is also addressing the needs of schools internationally.