Will Sage Group Cement Its SME Leadership with ACCPAC and Softline Acquisitions?
Part Four: Market Impact
P.J. Jakovljevic - June 5, 2004

Market Impact

In March, Best Software, Inc., one of the leading current providers of integrated accounting, business management, human resources (HR)/payroll, and fixed asset solutions for small and medium enterprises (SME) in North America, announced that its parent company, the UK-based The Sage Group plc (LSE: SGE.L), had completed the acquisition of ACCPAC International, Inc. (www.accpac.com). The Sage Group plc is a leading provider of business management software for mid-sized companies worldwide, with annual sales of nearly $900 million (USD) and 3.6 million customers, and ACCPAC was, until recently, an independent subsidiary of the software powerhouse Computer Associates International, Inc. (NYSE: CA)...