MYOB Ltd., a developer of small business accounting and management software and services, announced the sale of its U.S. operations to Acclivity LLC, an entity owned by members of the MYOB U.S. Inc. management team.
As of Dec. 5, Acclivity will act as the exclusive U.S. republisher for MYOB products and services. As part of a review of MYOB's options in relation to its U.S. business, the Australian headquarters decided that the U.S. operation had diverged strategically from the rest of the company and would be better acting on its own.
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