The Channel logo


By | John Oates 8th June 2006 08:59

Sage makes another buy

Rapacious Geordie eats another firm

Acountancy specialist Sage just can't get enough. Last month it bought a Malaysian software firm and a Chinese distie, and today it is spending £16m in cash on German management software company Bäurer GmbH.

The deal should close within four weeks. Bäurer sells business management solutions aimed at mid-sized businesses, especially in manufacturing. It has over 2,000 customers and revenues for the year ended 31 December 2005 were £16m.

Sage chief executive Paul Walker said in a statement: "Acquiring Bäurer strengthens our market position in Germany by providing advanced and industry-specific solutions for mid-market customers. Sage's customer service and marketing expertise will enable us to sell more software and services to Bäurer 's customer base."

Sage just loves acquisitions at the moment - in 2005 it bought five companies for a total of £159m. This year it has bought US company Verus for £184m, but was rejected when it made a £334m bid for Scandinavian firm Visma. ®

alert Send corrections


Frank Jennings

What do you do? Use manual typwriters or live in a Scottish croft? Our man advises
A rusty petrol pump at an abandoned gas station. Pic by Silvia B. Jakiello via shutterstock

Trevor Pott

Among other things, Active Directory needs an overhaul
Baby looks taken aback/shocked/affronted. Photo by Shutterstock

Kat Hall

Plans for 2 million FTTP connections in next four years 'not enough'
Microsoft CEO Satya Nadella


League of gentlemen poster - Tubbs and Edward at the local shop. Copyright BBC
One reselling man tells his tale of woe