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accesso Technology buys technology from risk management firm 1Risk

ALN

accesso Technology Group PLC on Thursday said it has bought the assets of risk management technology firm 1Risk LLC.

The Berkshire, England-based provider of software for the leisure, entertainment and cultural sectors said 1Risk is a leader in cloud-based online liability waiver and incident risk management data technology for the leisure and recreation industries.

accesso said the 1Risk liability waiver application, 1Waiver, is the ‘market leading’ solution for North American ski resorts.

The company said 1Risk’s solutions will be included in its broader suite of offerings, and will be made available exclusively to venues using accesso products.

Financial details of the transaction were not disclosed.

Chief Executive Officer Steve Brown said: ‘As the leading provider of commerce solutions for the ski operators across North America, further enhancing the Accesso offering with 1Risk’s proven technology extends our commitment to delivering innovative, comprehensive solutions to the leisure sector.’

Shares in accesso Technology were down 0.2% at 489.05 pence in London on Wednesday afternoon.

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