Irivine, Calif. (Dec. 23, 2003) – In a move that not only spells further consolidation in the business application space but stronger competition for Microsoft Business Solutions, Best Software’s UK-based parent company, The Sage Group plc agreed to acquire Pleasanton, Calif.-based Accpac International, Inc. for $110 million in cash.

The acquisition, subject to regulatory approvals, should be completed by the end of February 2004.

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