September 7, 2016 / 3:18 PM / a year ago

France's Sodexo buys U.S. software company Inspirus

PARIS (Reuters) - French facilities management and vouchers group Sodexo said on Wednesday it was buying Inspirus, a U.S. company that sells software that helps employers develop programmes to reward and motivate staff.

The logo of French food services and facilities management group Sodexo is seen at the company headquarters in Issy-les-Moulineaux near Paris, France, March 18, 2016. REUTERS/Gonzalo Fuentes/File Photo

Financial terms were not disclosed.

The acquisition of Inspirus, based in Fort Worth, Texas, with a staff of 120 and a client base of over 350, will boost Sodexo’s footprint in the high-growth employee incentive market and in the United States, the statement said.

It comes two years after Sodexo bought British company Motivcom for 41 million pounds ($54.87 million).

Reporting by Dominique Vidalon; Edited by Brian Love

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