British enterprise software company Sage Group has agreed to purchase Intacct, a 19-year-old accounting software company, for $850 million, the companies announced today. A cash and stock transaction, the deal aims to help build out Sage’s cloud financial management offerings. Intacct, which competes with Financial Force and Oracle’s NetSuite, said in a related statement that it… Read More

from iFeeltech IT News Mix4 https://techcrunch.com/2017/07/25/sage-group-buys-intacct-accounting-software-for-850m/?ncid=rss

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