UK's Sage to buy US rival for £159m
Published: 27 Jan 1998 17:51 GMT
"The acquisition of SOTA represents an exciting opportunity for the Sage Group," said Michael Jackson, chairman of the Newcastle-based company.
"SOTA has excellent products, a powerful value added reseller network and a substantial customer base. Sage's expertise in brand management, product marketing and channel management together with SOTA's leading position in the US PC accounting software market provides us with a strong platform from which to grow our US business substantially."
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