Only UK Software house in FTSE 100
A place those Shoreditch outfits can only *dream* about.
They may not be that good at software, but they are pretty good at business.
The Sage Group have bought a Brazilian accountancy software company, sweeping in an extra 4000 customers. The £10.6m buy-up of Empresa Brasileira de Sistemas (EBS) adds to a series of big company acquisition by Sage in the past months to strengthen Sage's dominant position in Brazil. Sage paid £10.6m (R$35.0m) for the …
The Sage Group have bought a Brazilian accountancy software company, sweeping in an extra 4000 customers.
Sorry I'm confused, is "Brazilian soft wear" , is that some sort of euphemism? Sweeping up after 4,000 customers, what are they sweeping up?
Paris, do you really have to ask why?