Will Sage Group Cement Its SME Leadership with ACCPAC and Softline Acquisitions?
Part Seven: Challenges
P.J. Jakovljevic - June 11, 2004

Challenges

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 companies in North America, announced that its parent company, UK-based The Sage Group plc (LSE: SGE.L), had completed the acquisition of ACCPAC International, Inc. (www.accpac.com). The Sage Group plc (LSE: SGE.L) is one of the leading providers of business management software for medium companies worldwide, with annual sales of nearly $900 million (USD) and 3.6 million customers worldwide in fiscal 2003. ACCPAC International, Inc. was, until recently, an independent subsidiary of the software powerhouse Computer Associates International, Inc. (NYSE: CA)...