Sage Group buys Intacct accounting software for $850m

 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

http://ift.tt/1Qtea7W Sage Group buys Intacct accounting software for $850m http://ift.tt/2uWD0cs