Parallax Capital Buys Software Firm Fox Technologies

Laguna Hills-based Parallax Capital, a private equity firm headed by James Hale, said this week that it has acquired Fox Technologies (FoxT), a developer of access management and governance software. Financial terms of the buy were not announced by the company. FoxT is a developer of access management tools for businesses, to help them manage access control to their applications, servers, databases, and desktops. Parallax also owns such companies as Daptiv, Computron, and Infor.