Private equity fund Lotus Innovations LLC in Irvine said it sold gen-E, an analy-tics company with 29 employees, to an undisclosed buyer. It didn’t give the sale price.
Gen-E launched in 1999, and Lotus bought it in October 2014.
The company, also based in Irvine, helps clients increase visibility, control and automation of their operational systems.
Lotus Innovations is a private equity fund that buys high-potential, small to midsize technology companies in enterprise IT and telecom.
—Peter J. Brennan
