Feeds

Visma knocks back Sage charms

Fear of rejection?

SANS - Survey on application security programs

Sage's romancing of Visma has received the brush-off from the Nordic firm's chaste board. They said Sage's advances were now inappropriate in a statement to Oslo stock exchange.

Having previously recommended Sage's proposition to their shareholders, fickle Visma bosses say the attraction just isn't there any more. They said: "[We] can no longer endorse the view that the bid is fair on the current level."

Sage said it didn't understand what it had done wrong, and has no plans to alter its terms. It said that nothing has changed and they should still hook up.

The fact is that since the propoasal was first made on 22 March, Visma's share price has gone up. Some of its shareholders now think it would be marrying beneath its station.

The consummation was set to cost Sage £334m. Visma shareholders have until 20 April to make up their minds, when the offer period runs out.®

High performance access to file storage

More from The Register

next story
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
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.
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.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.