Bruce Collins wrote:
> From today's Globe and Mail:
>
>
>
> Activant buys Speedware in friendly takeover
>
> By Simon Avery
> Globe and Mail Update
>
> Speedware Corp. says it has agreed to be acquired by Activant Solutions Inc. for $120-million in cash, a hefty 44-per-cent premium above its market value on Monday, as the software industry continues to look for greater efficiency through consolidation.
>
> Activant, of Austin, Tex., said the deal will bolster its line of business software products for four markets: lumber and building materials, automotive aftermarket, wholesale trade, and home hardware retailing.
>
> Montreal-based Speedware has grown rapidly, posting sales of $44.4-million in fiscal 2004, up from $25.6-million in 2003.
>
> The Montreal-based company recently bought the enterprise software company Prelude Systems of Plano, Tex., for about $10-million (U.S.).
>
> -------------------------------------------------------------------------
> Bruce Collins        <[log in to unmask]>
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I'm puzzled how Speedware bolsters any Activant's stated product lines.

I wonder how Speedware's AMXW migration tool fits with Activant's goals.

Rick.

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