META Security Group, a developer of compliance management systems, has been sold.
META said Friday it had been acquired by Scalable Software, which is based in Houston.
Terms of the deal were not disclosed.
Scalable develops asset discovery, inventory and usage tracking technology.
“The companies’ combined products will equip commercial and government customers in multi-regulatory environments with the ability to reduce the cost and risk associated with IT compliance,” Scalable said in a statement.
Scalable said it would maintain an office in Charlotte.
META was founded in 1998. Its compliance products enable automation of information security processes across enterprise networks.