The deal, which is expected to be completed during June, will consist of the issuance of 2,600,000 shares and a cash payment of $35m.
Great Plains said the move is designed to expand its mid market e-business presence.
‘For nearly 20 years, Great Plains and Solomon have pursued the same vision. This combination of people, products and technologies creates unparalleled business opportunities for our respective partners and increases our ability to help transform mid market business into e-business,’ said Doug Burgum, Great Plains chairman and CEO.
Solomon will operate as the Solomon business unit of Great Plains and will continue to deliver the Solomon line of software.
New growth opportunities in Aberdeen, North East Scotland, are being invested in by Grant Thornton
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast