Feeds

Kewill bolsters US e-commerce presence

Hits the buy-up trail once again

  • alert
  • submit to reddit

Internet Security Threat Report 2014

Kewill Systems has bought US e-commerce businesses Aristo Research and Aristo Computers for £11.6 million. The deal included £7.9 million cash and the issue of 175,683 shares by UK company Kewill, worth around £3.1 million. In addition, a maximum of £3.5 million in cash may also be payable, depending on Aristo's results over the next two years. The company will be acquired through a merger with Kewill's US subsidiary, Kewill Electronic Commerce. Aristo specialises in "multi-carrier shipping compliance", making software packages for parcel shippers to work out routes and rates. This is similar to Kewill's existing US ecommerce division, and Kewill said the move gave it over 70 per cent market share in this sector. For the year ended 30 September 1998, Aristo had sales of £3.7 million and pre-tax profit of £1.7 million. Kewill has been on the acquisition trail for the past year. In February it bought JobBOSS Software, and last October it acquired ecommerce logistics systems supplier Tracer Software for $19.6 million (See story). These followed last June's acquisition of US distributor Granitek Systems though its subsidiary Micro-MRP. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Bono apologises for iTunes album dump
Megalomania, generosity and FEAR of irrelevance drove group to Apple deal
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
Arab States make play for greater government control of the internet
Nerds told to get lost in last-minute power grab bid at UN meeting
Apple SILENCES Bose, YANKS headphones from stores
The, er, Beats go on after noise-cancelling spat
Zippy one-liners, broken promises: Doctor Who on the Orient Express
Series finally hits stride, but Clara's U-turn is baffling
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
10 Top Tips For PRs Considering Whether To Phone The Register
You'll Read These And LOL Even Though They're Serious
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.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.