Biting the hand that feeds IT
Biting the hand that feeds IT
Management:
|
|
News ToolsReg Shops |
![[Print]](/Design/graphics/icons/pf.png "Printer-friendly version"){kind=icon} ![[Mobile]](/Design/graphics/icons/regmob.png "Read The Reg on your mobile phone"){kind=icon} ![[Alerts]](/Design/graphics/icons/alerts.png "Reg Desktop News Alerts"){kind=icon}
Sage buys Swiss biz for £10mMigration optionsPublished Wednesday 5th January 2005 13:12 GMT Sage today bought Simultan AG, a Swiss accountancy software developer, for £10.7m. Simultan has £700k in the bank, so the net cost is £10m. Based in Lucerne, Simultan has 3,000 SME customers, of which 1,000 have support contracts. Revenues for the year to 31 Dec, 2003 were £9.8m and operating profit was £500k. Sage says the business will improve migration / upgrade options for its existing 59,000 Swiss customers . ®
Track this type of story as a custom Atom/RSS feed or by email.
|
|
Top 20 stories • All The Week’s Headlines • Archive • Search
Post to Slashdot
Digg this
Add to del.icio.us
Reddit
Previous Article
