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Human Resource Management Forum » Section for HR Professionals » Human Resource Management Softwares » Software supplier Sage buys HR systems developer Snowdrop in £17m deal

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Old 28th June 2007, 01:34 PM
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Default Software supplier Sage buys HR systems developer Snowdrop in £17m deal

Software giant Sage has bought rival Snowdrop* Systems in a £17m deal. Sage is a leading supplier of business management software and services to 5.2 million customers worldwide. Snowdrop provides leading human resources and payroll management software to more than 700 mid-sized businesses in the UK, focusing on those with 50 to 2,000 employees. Paul Stobart, chief executive of the Sage UK and Ireland region, said: “The acquisition of Snowdrop, with its specialist range of HR software products backed up by first-class service and support, will enable us to provide our customers with exactly what they require in the HR field.”

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