Feeds

Sage annexes construction software firm

Tekton lays new foundations

Security for virtualized datacentres

Biz management software provider Sage Group PLC has bought construction software company Tekton Group Ltd for £21m.

The cash-only deal is the latest in a series of buy-outs made by Newcastle-based Sage, the only British software firm listed on the FTSE 100.

Tekton provides specialist construction software, implementation and support services to more than 230 companies in the UK and Ireland.

It saw revenue for the six months to December 2007 of £4.5m.

Sage CEO Paul Walker said: "The acquisition of Tekton strengthens Sage's leading market position in this sector and completes our range of construction solutions, from small companies through to larger customers in the mid-market."

Over the past year Sage, which recently admitted that the US arm of its business could do better, has been on a sizeable spending spree with the acquisition of a number of companies including French outfit XRT and Swiss firm Pro-Concept SA. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
Feds seek potential 'second Snowden' gov doc leaker – report
Hang on, Ed wasn't here when we compiled THIS document
Verizon bankrolls tech news site, bans tech's biggest stories
No agenda here. Just don't ever mention Net neutrality or spying, ok?
NATO declares WAR on Google Glass, mounts attack alongside MPAA
Yes, the National Association of Theater Owners is quite upset
Inside the EYE of the TORnado: From Navy spooks to Silk Road
It's hard enough to peel the onion, are you hard enough to eat the core?
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
Protecting users from Firesheep and other Sidejacking attacks with SSL
Discussing the vulnerabilities inherent in Wi-Fi networks, and how using TLS/SSL for your entire site will assure security.