Crowdcube acquires business reporting software Supdate

In what looks like an undeniably good strategic fit, U.K.-based business reporting software startup Supdate has been acquired by equity crowdfunding platform Crowdcube. Terms of the deal remain undisclosed, although I’m told it was an all-cash acquisition.
I understand that Crowdcube is essentially buying the Supdate user base and tech/IP, and that Supdatefounder Duane Jackson is not joining Crowdcube but will be helping on the technical side during the handover. The idea is that Supdate w