Guildsoft, the only distie from Devon that we've ever heard of, has changed hands.

Called the BVRP Software Group, the new owner is described as a "world-leading publisher of communications software". It's based in France and has subsidiaries in 10 countries.

BVRP is paying $1.4 million to Guildsoft's former owner, Datawatch, a US developer of something called desktop report mining software. This includes a "contingent payment of $280,000", due in 12 months. The contingency is based upon the performance of Datawatch sales through Guildsoft.

Plymouth-base Guildsoft is a distie-cum-remarketer which specialises in supplying the retail channel. ®