Will Sage Group Cement Its SME Leadership with ACCPAC and Softline Acquisitions?
Part Six: Market Impact--Nurturing Channels
P.J. Jakovljevic - June 10, 2004

Market Impact--Nurturing Channels

In March, Best Software, Inc., one of the leading current providers of integrated accounting, business management; human resources (HR) and payroll; and fixed asset solutions for small and mid-sized companies 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 one of the leading providers of business management software for mid-sized companies worldwide, with annual sales of nearly $900 million (USD) and 3.6 million customers worldwide in fiscal 2003. ACCPAC was, until recently, a subsidiary of the software powerhouse Computer Associates International, Inc. (NYSE: CA)...