Sage subsidiary in IR£7m acquisition
Sage Hibernia, the subsidiary of Newcastle-based software giant Sage, has acquired Irish payroll company Computer Resources for IR£7m cash plus net assets.
Computer Resources produces Quickpay and Micropay products and supports 6,000 people in Ireland.
Fin O’Driscoll, general manager for Sage Ireland, said: ‘The acquisition of Computer Resources gives us a leading position in the Irish payroll market.
‘These products will complement the suite of business solutions software that Sage already provides, enabling us to be a one-stop-shop for the full range of software and support services required by accountants in practice and small to medium sized businesses in Ireland’.