Feeds

Softline agrees Sage bid

Sage Brush

  • alert
  • submit to reddit

Softline, the South African-owned accountancy software firm has agreed an offer from Sage valuing the company at £66m (including its cash reserves of £11.1m).

Sage tabled the bid last month, when it became clear that a proposed management buyout had failed to get off the ground. Dutch rival Exact also expressed an interest in buying Softline.

The deal has a couple of hurdles to clear: shareholders vote on the offer on September 23, and it also needs regulatory approval. Neither should present a problem. ®

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.