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Date Posted: 4/2/2008
Sage Group Buys UK Construction Software Company Tekton for 21 mln pounds
LONDON (Thomson Financial) - Business management software provider Sage Group (LSE: SGE.L - news) plc. said it has acquired construction software company Tekton Group Ltd for 21 million pounds cash.
Tekton provides specialist construction software, implementation and support services to more than 230 companies throughout the UK & Ireland.
Its revenue for the half year to December 2007 was 4.5 million pounds, based on unaudited management accounts.
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