Gentia buys TCMS tools
Gentia Software, which sells business intelligence tools to support ‘balanced scorecard’ management techniques, bought Technical and Computer Management Services for #1.3m last month. TCMS is a 24-strong consultancy with offices in Slough and California that specialises in Web-based analytic applications and balanced scorecard implementations.
Piracy hits jobs
The UK software industry will generate sales of #6.4bn over the next four years, according to a survey conducted for the Business Software Alliance by Price Waterhouse. The survey warned, however, that Europe’s 43% average piracy rate was harming job creation and depriving the government of tax revenue. If it could be reduced to the US level of 27% for 1996, the industry could have made #1.1bn more in that year, creating 24,721 more jobs and #463m more in tax income.
Oracle grabs PW’s Activa Oracle has bought the rights to the Activa activity-based costing program written by Price Waterhouse. Oracle did not disclose the terms of the acquisition, but will hire the majority of the development team and begin selling Activa immediately.
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal
The established building and heritage restoration company has ceased trading following the loss of major tenders