Sage Group to Buy Norway-Based Visma for €483 Million

Stockholm -- Sage Group, a U.K.-based software firm, announced
that it has agreed to acquire Visma, a Norway-based software and
accounting firm, for approximately £334 million (€483 million). The
deal marks Sage's largest acquisition to date. Visma is currently
the Nordic region's largest vendor of business-management
software for SMEs. "Sage doesn't really have any presence in
these markets today," Sage CEO Paul Walker said. "We see this
as very complementary to our business."
http://www.sage.com/investors/announcement.php?id=111