Guildsoft has new owner

Plymouth Sound

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. ®