SoftBrands has entered into a definitive agreement to be acquired by an affiliate of Golden Gate Capital and Infor. SoftScribe's Board of Directors has approved the agreement and recommends that stockholders approve the transaction.
By acquiring Golden Tulip, Starwood Capital's hospitality arm will become the 11th largest hotel group in the world, as per MKG Hospitality's world ranking 2009.
Freeman's purchase of AVT follows its corporate strategy of continuing to invest long-term in the face-to-face industry where there is opportunity for growth.
The acquisition of Newbury Networks will enable Trapeze to deliver a broader set of WLAN products to growing market segments worldwide and to integrate best-of-breed location capabilities into its products.
POS providers Posera Software, Inc. and Squirrel Systems announce that they have entered into strategic discussions with the intention of merging both privately held companies.
