Feeds

Sage makes two niche buys

intro

  • alert
  • submit to reddit

Internet Security Threat Report 2014

Sage has made two infill acquisitions, one in the UK and one in France. The accountancy software vendor is to pay £2.5 million upfront for the two companies: P.A.S.E. Ltd in the UK and Meteor SA in France. It will also pay up to £1 million for performance-related earnouts. The respective businesses are to be integrated into Sage Software Ltd in the UK and Sage France. Paul Walker, chief executive, said the companies were in line with "our policy of acquiring companies with substantial customer lists and products which can be linked to our accounting product ranges". P.A.S.E produces "simple Windows-based profit and cash flow forecasting software. It has more than 6,000 users and generated 800K turnover for the year to 31 March, 1998. Meteor is based in Paris and sells accountancy software to small to medium-sized businesses in France. It has more than 17,000 users and generated revenues of 900K for the year to 31 December 1997.®: Click here for more stories

Providing a secure and efficient Helpdesk

More from The Register

next story
Scrapping the Human Rights Act: What about privacy and freedom of expression?
Justice minister's attack to destroy ability to challenge state
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
Hey Brit taxpayers. You just spent £4m on Central London ‘innovation playground’
Catapult me a Mojito, I feel an Digital Innovation coming on
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
EU probes Google’s Android omerta again: Talk now, or else
Spill those Android secrets, or we’ll fine you
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.